Task force pushes U.S. lawmakers to strengthen insider trading rules
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WASHINGTON (Reuters) - A group of former U.S. officials and lawyers is urging Congress to strengthen and clarify law around insider trading that has "generated confusion" and "failed to keep up with the times."The United States needs a specific law to prohibit insider trading, rather than continuing to rely on rules against fraud and deception, a task force led by former U.S. attorney for the Southern District of New York Preet Bharara said in a report published on Monday.The task force..