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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.
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 ...
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 ...
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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 government watchdog group Common Cause filed complaints with the Justice Department, the Securities and Exchange Commission and the Senate Ethics Committee, alleging possible violations of the STOCK Act and insider trading laws in the matter of stock sales by Loeffler and three other senators, Richard Burr, Jim Inhofe, and Dianne Feinstein ...
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 ...