Congress Members Want To Evade Stock Trading Controls By Pre

Now Congress members are trying to evade tighter controls on stock trading by suggesting they disclose their trades in advance. Via Yahoo Finance:

As lawmakers outlined it, pre-disclosure of stock trades could provide a way to limit congressional day trading while still allowing lawmakers to play the market.

"I think pre-disclosure is something that we ought to consider," offered the Manhattan Institute's James Copland as he testified before the House Administration Committee on Wednesday. He later noted, "This is exactly what happens in certain types of corporate situations."

The idea was immediately dismissed by advocates as a hollow idea that could undercut recent political momentum for their cause for the stronger measure of a ban on lawmaker trading. But the notion of forcing lawm