OFFICIAL LEGAL TITLE
8–K Trading Gap Act of 2024
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_HR_9709.
Which chamber initiated this legislation?
This legislation was initiated in the House of Representatives.
When did the legislative process begin?
The process officially started on 2024-09-19.
What are the main provisions?
Key points include:
- Prohibits company executives and directors from buying or selling company stock between the occurrence of a significant event and its official public filing (Form 8-K).
- The goal is to close a loophole that allowed insider trading, thereby promoting trust and equal opportunity for all investors in the stock market.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Rep. Sherman, Brad [D-CA-32].
What is the latest detailed status?
The latest detailed status is: Referred to the House Committee on Financial Services.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.