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HOUSE 1579117th CongressReferred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Ban Conflicted Trading Act

Last Action
4/29/2021

Actions

  • 2021-04-29Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • 2021-03-03Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2021-03-03Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2021-03-03Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2021-03-03Introduced in House
  • 2021-03-03Introduced in House

CRS Summary

As of 2021-03-03 (00)

Ban Conflicted Trading Act

This bill prohibits a Member of Congress or certain congressional officers or employees from (1) purchasing or selling specified investments, (2) entering into a transaction that creates a net short position in a security, or (3) serving as an officer or member of any board of any for-profit entity.

Cosponsors (20)

  • Alexandria Ocasio-Cortez (D-NY)
  • Joe Neguse (D-CO)
  • Matt Gaetz (R-FL)
  • Michael Cloud (R-TX)
  • Mary Scanlon (D-PA)
  • Mark Takano (D-CA)
  • JANICE SCHAKOWSKY (D-IL)
  • ELEANOR NORTON (D-DC)
  • Mondaire Jones (D-NY)
  • EARL BLUMENAUER (D-OR)
  • Rashida Tlaib (D-MI)
  • Mark Pocan (D-WI)
  • Jackie Speier (D-CA)
  • Theodore Deutch (D-FL)
  • Ayanna Pressley (D-MA)
  • Ro Khanna (D-CA)
  • Jesus Garcia (D-IL)
  • JAMES MCGOVERN (D-MA)
  • Jared Golden (D-ME)
  • Tom Malinowski (D-NJ)

Subjects

  • Civil actions and liability
  • Commodities markets
  • Congressional officers and employees
  • Corporate finance and management
  • Financial services and investments
  • Government ethics and transparency, public corruption
  • Members of Congress
  • Securities
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.