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For years, lawmakers in both parties have tried to pass legislation to ban members of Congress from trading stocks. It's popular with the American public. Both outgoing President Joe Biden and ...
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 ...
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 stock sales made by various lawmakers from both parties during the March banking turmoil are renewing calls for an outright ban of Congressional trading. Congress hasn't banned lawmakers from ...
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 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 solution is clear: we must immediately and permanently ban all members of Congress from trading stocks.” Read more: Thanks to Jeff Bezos, you can now cash in on prime real estate — without ...
Both top lawmakers and the most dogged advocates of stock ban legislation seem to agree — Congress has run out of time to strengthen ethics. The effort to ban members of Congress from trading ...