Senate approves insider-trading bill (96-3) [View all]

[Tx4obama]

Washington (CNN) -- A bill that clarifies the illegality of insider trading of stocks and other securities by members of Congress and their staff members won approval Thursday from the U.S. Senate.

The 96-3 vote sends the measure to the House, which is expected to take it up in coming weeks.

In addition to making clear that insider trading laws and penalties apply to those on Capitol Hill, the bill requires lawmakers and their staffs to report any stocks, bonds or other securities they buy or sell within 30 days of the transaction.

President Barack Obama expressed support for the bill in his State of the Union address, and the Senate vote showed bipartisan support despite the deep partisan divide in Congress exacerbated by the upcoming November election.

http://www.cnn.com/2012/02/02/politics/senate-insider-trading/index.html

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Roll call votes: http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=112&session=2&vote=00014

NAYs - 3 - Bingaman (D-NM), Burr (R-NC), Coburn (R-OK)
Not Voting - 1 - Kirk (R-IL)