watersword: Keira Knightley, in Pride and Prejudice (2007), turning her head away from the viewer, the word "elizabeth" written near (Default)
[personal profile] watersword posting in [community profile] thisfinecrew

H.R.5106 - Restore Trust in Congress Act is bipartisan legislation that aims to ban Members of Congress and their families from engaging in insider trading. The supervising ethics office will impose penalties and issue any additional guidance, as well as publicly disclose fines that will be set to 10% of the stock’s asset value, plus disgorged profits.

The STOCK Act of 2012 has helped expose the extent of potential conflicts of interest and provided the public with transparency into lawmakers’ financial activities, but a lack of enforcement has stopped it from achieving the goal of curbing insider trading.

(In related anti-corruption legislation: Close the Revolving Door Act of 2025, legislation that would impose a lifetime ban on former Members of Congress from becoming lobbyists.)

Contact your representative.

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