The new law also limits members of Congress and executive employees to participating only in those initial public stock offerings that are available to the general public.
Bush's plan would allow employees to sell stock in their own company after participating in a 401(k) plan for three years and stipulates that senior company executives may not sell their company stock during a period when employees are barred from doing so.
This has been the primary reason for the stock rallying in the past two weeks as many firms have expressed their interest in participating in a buyout of Yahoo.