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.
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 ...
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 ...
The two Senators proposed the most aggressive option so far to ban stock trading not just by lawmakers but also by members of their immediate family: the Ban Congressional Stock Trading Act, which ...
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 ...
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 ...
Similarly, Robert Khuzami, director of the Enforcement Division, testified before Senate in November that to win an insider trading case against a member of Congress, the SEC would have to ...
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 ...