New Stock Trading Rules for Congress Members and Their Families
This act introduces strict new rules for stock investments by U.S. Members of Congress, their spouses, and dependent children. It aims to increase transparency and prevent the use of privileged information for personal gain. Citizens can expect greater confidence that political decisions are not driven by private financial interests.
Key points
Members of Congress, their spouses, and dependent children will be prohibited from purchasing individual stocks of publicly traded companies.
Selling stocks will require public notification 7-14 days in advance.
Violations will result in financial penalties and forced sale of illegally acquired stocks, with fees not payable from public or campaign funds.
Introduced
Citizen Poll