3.0.0 1903 2022-02-03T05:53:35Z 2022-02-03T05:53:35Z Senate S S 2011-11-17 112 ssga00 Homeland Security and Governmental Affairs Committee Senate Standing Hearings by 2011-12-01T22:55:33Z Referred to 2011-11-18T01:01:09Z Stop Trading on Congressional Knowledge Act 112 1148 HR 2012-02-01 Motion to Discharge Committee filed by Mr. Walz (MN). Petition No: 112-3. (<a href="http://clerk.house.gov/112/lrc/pd/petitions/DisPet0003.xml">Discharge petition</a> text with signatures.) Related bill CRS Stop Trading on Congressional Knowledge Act 112 1871 S 2011-12-01 Committee on Homeland Security and Governmental Affairs. Hearings held. Hearings printed: S.Hrg. 112-344. Related bill CRS 2011-12-01 ssga00 Homeland Security and Governmental Affairs Committee Senate Committee on Homeland Security and Governmental Affairs. Hearings held. Hearings printed: S.Hrg. 112-344. Committee 2011-11-17 ssga00 Homeland Security and Governmental Affairs Committee Senate Read twice and referred to the Committee on Homeland Security and Governmental Affairs. IntroReferral 2011-11-17 Introduced in Senate IntroReferral 10000 9 Library of Congress G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. N T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2011-11-17 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2011-11-17 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2011-11-17 True M001170 Sen. McCaskill, Claire [D-MO] Claire McCaskill D MO 2011-11-17 True K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2011-11-17 True R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2011-11-17 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2011-11-17 True R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2011-11-18 False S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 2011-11-18 False N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2011-11-18 False C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2011-11-28 False K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2011-11-29 False B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2011-11-30 False B000243 Sen. Baucus, Max [D-MT] MAX BAUCUS D MT SIEBEN 2011-11-30 False J000291 Sen. Johanns, Mike [R-NE] Mike Johanns R NE 2011-12-01 False F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2011-12-05 False S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2011-12-05 False W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2011-12-05 False C001070 Sen. Casey, Robert P., Jr. [D-PA] Bob Casey D PA 2011-12-05 False B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2011-12-05 False T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2011-12-07 False H001049 Sen. Hagan, Kay R. [D-NC] Kay Hagan D NC R. 2011-12-14 False M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2011-12-14 False H000206 Sen. Harkin, Tom [D-IA] THOMAS HARKIN D IA RICHARD 2011-12-15 False J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2011-12-16 False L000123 Sen. Lautenberg, Frank R. [D-NJ] FRANK LAUTENBERG D NJ R. 2012-01-26 False M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2012-01-26 False K000305 Sen. Kohl, Herb [D-WI] HERBERT KOHL D WI H. 2012-01-26 False L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2012-01-30 False Government Operations and Politics Administrative law and regulatory procedures Commodity Futures Trading Commission Congressional officers and employees Government employee pay, benefits, personnel management Government ethics and transparency, public corruption Government information and archives Legislative rules and procedure Licensing and registrations Members of Congress Public participation and lobbying Securities Securities and Exchange Commission (SEC) Senate Government Operations and Politics 00 2011-11-17 Introduced in Senate 2011-12-12T22:16:15Z Stop Trading on Congressional Knowledge Act - Amends the Securities Exchange Act of 1934 and the Commodity Exchange Act to direct both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to prohibit purchase or sale of either securities, security-based swaps, or commodities for future delivery or swap by a person in possession of material nonpublic information regarding pending or prospective legislative action if the information was obtained: (1) knowingly from a Member or employee of Congress, (2) by reason of being a Member or employee of Congress, or (3) from other federal employees and derived from their federal employment. Makes it an element of the prohibited activity, also, that the Member or employee of Congress or the federal employee acted with the intent to assist another person, directly or indirectly, to use the information to buy or sell the securities of such publicly traded company based on such information.

Amends the Standing Rules of the Senate to prohibit a Member, officer, or employee of the Senate from disclosing material nonpublic information relating to any pending or prospective legislative action relating to any publicly-traded company or to any commodity if such person acts with intent to assist another person, directly or indirectly, to use the information to buy or sell the securities of that publicly traded company based on such information.

Amends the Ethics in Government Act of 1978 to require formal disclosure of certain securities and commodities futures transactions to either the Clerk of the House of Representatives or the Secretary of the Senate.

Amends the Lobbying Disclosure Act of 1995 to subject to its registration, reporting, and disclosure requirements, as well as requirements for identification of clients and covered legislative and executive officials, all political intelligence activities, contacts, firms, and consultants. Requires the Comptroller General to include political intelligence activities, contacts, firms, and consultants in its annual compliance audits and reports.

]]> Stop Trading on Congressional Knowledge Act Short Titles as Introduced Stop Trading on Congressional Knowledge Act Popular Titles STOCK bill ("STOCK Act") 9 Library of Congress Display Title Stop Trading on Congressional Knowledge Act Official Title as Introduced A bill to prohibit commodities and securities trading based on nonpublic information relating to Congress, to require additional reporting by Members and employees of Congress of securities transactions, and for other purposes. Introduced in Senate 2011-11-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s1903is/xml/BILLS-112s1903is.xml 2011-12-01 Committee on Homeland Security and Governmental Affairs. Hearings held. Hearings printed: S.Hrg. 112-344. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.