End Congressional Stock Market Abuse Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 1, 2017)
End Congressional Stock Market Abuse Act of 2017
This bill amends the Securities Exchange Act of 1934 to prohibit Members of Congress from: (1) receiving a discounted purchase price or a premium sales price in a securities transaction, or (2) purchasing a nonpublic offering of a covered security available on a U.S. or foreign exchange.
This prohibition shall not apply if the Member of Congress reasonably believes that the discount or premium was obtained in a manner generally available to the public.
What just happenedMay 1, 2017
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseMay 1, 2017
- May 1, 2017IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - May 1, 2017IntroReferralIntro-H
Introduced in House
- May 1, 2017IntroReferral1000
Introduced in House