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H.R. 1148, The Stop Trading on Congressional Knowledge Act

  • This bill has been mooted by the passage of another bill on the same subject or by other events. Check 'Related Bills' below to see if other bills on this subject have been passed into law. Mooted: 4/4/2012.
  • This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on March 30, 2011, 06:30:49, by webmaster:

H.R. 1148 would 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.

Detailed Summary

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Status of the Legislation

Latest Major Action: 3/29/2011: Referred to House committee. Status: Rereferred to the Committee on Financial Services, and in addition to the Committees on Agriculture, House Administration, the Judiciary, Ethics, and Rules, 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.

Points in Favor

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Points Against

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Visitor Comments Comments Feed for This Bill

But But But

November 15, 2011, 11:54pm (report abuse)

Nancy says is't okay to use insider info as long as you are in congress. Now you say it isn't so. I'm soooooo confused.

John Speaks

December 20, 2011, 4:44pm (report abuse)

It will be a grim testimony to the bad shape of things should this act not pass as soon as possible

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