In signing ceremony , Obama talks of need to address public skepticism . Bill makes it illegal to use inside information to trade stocks and securities . Although New York Democratic Rep. Louise Slaughter introduced the legislation six years ago , it did n't have many supporters or much traction on Capitol Hill until a story that aired on CBS 's `` 60 Minutes '' in November . Comment: Issue came to light after `` 60 Minutes '' story on some profiting from inside information .
In signing ceremony , Obama talks of need to address public skepticism . Bill makes it illegal to use inside information to trade stocks and securities . Comment: Issue came to light after `` 60 Minutes '' story on some profiting from inside information .