STOCK Act Signed into Law

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Regulatory Capture Legislative Capture Financial Capture

President Barack Obama signed the Stop Trading on Congressional Knowledge (STOCK) Act into law, addressing long-standing concerns about insider trading by members of Congress. The bipartisan legislation, passed with overwhelming support (96-3 in Senate, 417-2 in House), prohibits members of Congress from using non-public information for private financial gain. Key provisions include mandatory reporting of investment transactions within 45 days, online disclosure of financial reports, and expanded penalties for corrupt congressional actions. While the Act increased transparency, it has been criticized for not completely preventing potential conflicts of interest.

Sources & Citations

[1] Fact Sheet: The STOCK Act: Bans Members of Congress from Insider Trading Tier 1

[2] S.2038 - 112th Congress (2011-2012): STOCK Act Tier 1

[3] Congressional Stock Trading and the STOCK Act Tier 1

Tiers Tier 1 court records & gov docs · Tier 2 established outlets · Tier 3 regional & specialty press · Tier 4 opinion or single-source. Methodology →

Cite this entry

The Cascade Ledger. “STOCK Act Signed into Law.” The Capture Cascade Timeline, April 4, 2012. https://capturecascade.org/event/2012-04-04--stock-act-signed-into-law/