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Congressional stock trading has been a contentious issue in Washington, with Sen. Jon Ossoff proposing legislation to ban it, but a blanket ban would be unfair to lawmakers with lower salaries.
A bipartisan proposal to ban trading by members of Congress and their families has dozens of sponsors, but it has not received a vote. Although lawmakers are required to disclose stock ...
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The 2020 congressional insider trading scandal was a political scandal in the United States involving allegations that several members of the United States Senate violated the STOCK Act by selling stock at the start of the COVID-19 pandemic in the United States and just before a stock market crash on February 20, 2020, using knowledge given to them at a closed Senate meeting.
The state of play in Congress. Lawmaker stock trading burst to the forefront as a top issue in 2020. That was when high-profile lawmakers Sens. Kelly Loeffler (R-Ga.) ...
The Stop Trading on Congressional Knowledge (STOCK) Act of 2012 (Pub. L. 112–105 (text), S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012.
The Onion Futures Act is a United States law banning the trading of futures contracts on onions as well as "motion picture box office receipts". [1]In 1955, two onion traders, Sam Siegel and Vincent Kosuga, cornered the onion futures market on the Chicago Mercantile Exchange.
Momentum appears to be building for a ban on congressional stock trading. But working out the fine print will be tricky, a point that an increasing number of lawmakers are making even if perhaps ...