Search results
Results from the WOW.Com Content Network
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 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 law prohibits the use of non-public information for private profit, including ...
His predecessor, former Rep. Kevin McCarthy of California, did express support for a stock trading ban. "The perception of Congress, whether true or not, is that some may take advantage of insider ...
Senator Mark Kelly of Arizona sat down with Yahoo Finance to talk about his Ban Congressional Stock Trading Act, which would confiscate a lawmaker’s entire salary if they break the rules.
More lawmakers are rallying behind legislation to ban stock trading by members of Congress. Congress stock trading risks 'unacceptable' weakening of trust, congressman says [Video] Skip to main ...
As a result, Pelosi has found herself the face of the insider trading debate in Congress. Several bills have been introduced to try and ban members of Congress from trading stocks, including one ...
Currently, Congress doesn’t have a limit over what it trades and how much is earned from stocks, and up until 2012, Congress was allowed to trade stock based on insider information — in the ...
Congresstrading.com is a commercial website that provides access to a database of financial disclosures of members of the United States Congress. [1] It also provides a forum to discuss Congress' stock trades, according to WXII 12, an NBC affiliate news station. [2] Congress is required to publicly disclose their financial transactions by the ...