Stock Act

The new Stock Act meant to prevent insider-trading among lawmakers will hurt science. That's the claim that federal researchers are making in a letter to lawmakers. The Assembly of Scientists represents National Institutes of Health researchers. It asked senators to repeal a section of the law that requires the government to post top career feds' financial information online. It said the provision left employees open to cyber crimes and fraud. It said it discouraged scientists at universities from joining national labs. This letter followed a white paper from The Senior Executives Association that claimed the law unfairly snared government executives in a net meant for lawmakers and political appointees.