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After an initial flurry of momentum, advocates on Capitol Hill for a ban on stock trading by members of Congress have seen progress slow. They agree on the need to ban trades but aren’t on the ...
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.
President Joe Biden this week announced an endorsement of a stock-trading ban for US lawmakers, making a last-minute entry into an issue that has bedeviled Capitol Hill for years.
The proposed legislation would bar lawmakers from buying stocks and other covered investments and prevent members from selling stocks 90 days after the bill is enacted, according to a background ...
While House members can trade stock freely, a 2012 law called the Stop Trading on Congressional Knowledge (STOCK) Act bans them from trading on "material, nonpublic information" and requires them ...
Porter’s bill, which expands on the existing disclosure rules in the STOCK Act, would also require members of Congress, their senior staff, and the Oval Office to disclose any time that they, a ...
House Democrats introduced a long-awaited bill on Tuesday that seeks to ban members of Congress, federal judges, Supreme Court justices, the president and others from trading stocks, in an attempt ...
Both top lawmakers and the most dogged advocates of stock ban legislation seem to agree — Congress has run out of time to strengthen ethics.