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(The Center Square) – Pennsylvania leads the renewed charge against Congressional insider trading. Rep. Brian Fitzpatrick, R-Penn., revived 2023's Bipartisan Restoring Faith in Government Act ...
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.
Roy has long been the leader GOP cosponsor of one of the leading bills to ban stock trading, the TRUST in Congress Act, and he told BI that it was his idea to add that demand to the letter.He also ...
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.
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 ...
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 ...
Insider Trading Prohibition Act: To amend the Securities Exchange Act of 1934 to prohibit certain securities trading and related communications by those who possess material, nonpublic information. H.R. 2662: April 19, 2021: IG Independence and Empowerment Act: To amend the Inspector General Act of 1978, and for other purposes. H.R. 2668: April ...
Congressional stock trading is back in the limelight following a New York Times analysis that found 97 members of Congress engaged in stock market transactions that could potentially be seen as ...