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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Stop Trading on Congressional Knowledge Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To prohibit securities and commodities trading based on nonpublic information relating to Congress, and to require additional reporting by Members and employees of Congress of securities transaction, and for other purposes.


Actions Overview (1)

Date
01/26/2009Introduced in House

All Actions (9)

Date
06/12/2009Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
Action By: Committee on the Judiciary
04/23/2009Referred to the Subcommittee on General Farm Commodities and Risk Management.
Action By: Committee on Agriculture
01/26/2009Referred to House Standards of Official Conduct
Action By: House of Representatives
01/26/2009Referred to House Agriculture
Action By: House of Representatives
01/26/2009Referred to House Judiciary
Action By: House of Representatives
01/26/2009Referred to House Administration
Action By: House of Representatives
01/26/2009Referred to House Financial Services
Action By: House of Representatives
01/26/2009Referred to the Committee on Financial Services, and in addition to the Committees on House Administration, the Judiciary, Agriculture, and Standards of Official Conduct, 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.
Action By: House of Representatives
01/26/2009Introduced in House
Action By: House of Representatives

Committees (5)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services01/26/2009 Referred to
House Administration01/26/2009 Referred to
House Judiciary01/26/2009 Referred to
House Judiciary Subcommittee on Constitution, Civil Rights, and Civil Liberties06/12/2009 Referred to
House Agriculture01/26/2009 Referred to
House Agriculture Subcommittee on General Farm Commodities and Risk Management04/23/2009 Referred to
House Standards of Official Conduct01/26/2009 Referred to

No related bill information was received for H.R.682.


Latest Summary (1)

There is one summary for H.R.682. View summaries

Shown Here:
Introduced in House (01/26/2009)

Stop Trading on Congressional Knowledge Act - Amends the Securities Exchange Act of 1934 and the Commodities 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 or commodities for future delivery 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; and (3) other federal employees.

Amends the Code of Official Conduct of the Rules of the House of Representatives to prohibit designated House personnel from disclosing material nonpublic information relating to any pending or prospective legislative action relating to either securities of a publicly-traded company or a commodity if such personnel has reason to believe that the information will be used to buy or sell the securities or commodity 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.