What he did was not illegal. The law needs to be changed.
At least he didn't lie about it. Pelosi lied when confronted about her shady deals:
"And former House Speaker Nancy Pelosi and her husband have participated in at least eight IPOs. One of those came in 2008, from Visa, just as a troublesome piece of legislation that would have hurt credit card companies, began making its way through the House. Undisturbed by a potential conflict of interest the Pelosis purchased 5,000 shares of Visa at the initial price of $44 dollars. Two days later it was trading at $64. The credit card legislation never made it to the floor of the House."
http://www.cbsnews.com/8301-18560_16...in;contentBody
http://blogcritics.org/politics/arti...swamp-drainer/
http://www.thedailybeast.com/article...e-changes.html