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have long been considered exempt from insider trading laws. even though they have daily access to nonpublic information and plenty of opportunities to trade on it. >> we know that during the healthcare debate, people were trading healthcare stocks. we know that during the financial crisis of 2008, they were getting out of the market before the rest of america knew what was going on. >> steve croft from "60 minutes" is going to join us in a moment. what was going on was gop congressmen like spencer back us of alabama and fellows of the house financial services committee were getting d...

the stock price can be a criminal offense. just ask hedge fund manager raj, who got prison for congressional lawmakers have no doing it. corporate responsibilities and have long been considered exempt from insider trading laws. even though they have daily access to nonpublic information and plenty of opportunities to trade on it. >> we know that during the healthcare debate, people were trading healthcare stocks. we know that during the financial crisis of 2008, they were getting out of the market before the rest of america knew what was going on. >> steve croft from "60 minutes" is ...