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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 ...
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 ...
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 ...
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 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 ...
More lawmakers are rallying behind legislation to ban stock trading by members of Congress.. Twenty-seven lawmakers recently wrote a letter urging House leaders to act quickly to bring ...
There could be momentum in Congress in the coming months to limit or even ban lawmakers from trading stocks while in office. Congress will ban lawmakers' stock trading 'with or without' Pelosi's ...
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 ...