Senate approves insider-trading bill

Senate approves insider-trading bill: Lawmakers respond to pressure by the White House in the wake of reports that some members of Congress have used privileged information obtained from their positions for financial gain.

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I would really like to know where the loop hole is at. Just a few weeks ago when 60 min released their story on the insider trading among representatives and senators NOONE thedere knew anything about it when asked. From about 100 people questioned may be 6 had a slight idea about the inside trades. Hmmm? Sounds a little extrange I would say.

You can watch the 60 min story here: http://www.cbsnews.com/video/watch/?id=7388130n&tag=contentMain;contentAux