SENATE 564117th CongressRead twice and referred to the Committee on Homeland Security and Governmental Affairs.
Ban Conflicted Trading Act
- Last Action
- 3/3/2021
Actions
- 2021-03-03Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- 2021-03-03Introduced in Senate
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 (10)
- Raphael Warnock (D-GA)
- Sherrod Brown (D-OH)
- Kirsten Gillibrand (D-NY)
- Debbie Stabenow (D-MI)
- Jon Tester (D-MT)
- Bernard Sanders (I-VT)
- Jeanne Shaheen (D-NH)
- Tammy Duckworth (D-IL)
- Amy Klobuchar (D-MN)
- Tina Smith (D-MN)
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
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.