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SEC Workers Get a Taste of Their Agency's Own Rules

Recently, after a "scandal" with SEC workers trading on "inside" information, the agency installed new rules applying to personal trading accounts.

All personal trades need to be "precleared" with a central compliance department, and no employee can trade in any company that the agency is "involved with" (investigating).

These are rules that the SEC has imposed on reporting mutual fund and portfolio management operations. It's about time that their employees "played" by the same (good) rules.