WASHINGTON, March 19 -- Sen. John Cornyn issued the following news release:

U.S. Senator John Cornyn (R-TX) cosponsored the Stop Insider Trading Act, which would prohibit Members of Congress, their spouses, and dependent children from purchasing publicly traded stocks and mandate a seven-day public notice period before any stock sales can be executed:

"Members of Congress using information not available to the public in order to profit from buying and selling stocks harms everyday Americans' trust in government,"said Sen. Cornyn."This legislation will bring greater transparency and accountability to Washington for the American people, and I'm grateful to Senator Ricketts for leading this effort."

U.S. Senator Pete Ricketts (R-NE) is lead...