It was amended. I wouldn't say the law was made more useless. The members of Congress who sit on the appropriate committees to investigate and punish violations are what's useless.
There doesn't seem to be any problem with getting the reports that members of Congress are filing. Check out senatestockwatcher.com and housestockwatcher.com or https://sec.report/Senate-Stock-Disclosures.
The problem is that even though there are known violations, there are no punishments.
There doesn't seem to be any problem with getting the reports that members of Congress are filing. Check out senatestockwatcher.com and housestockwatcher.com or https://sec.report/Senate-Stock-Disclosures.
The problem is that even though there are known violations, there are no punishments.