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Insider Trading Prohibition Act
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
89pct
115d open
vs 5,357 other S bills in the 117th — cohort avg 38d
Insider Trading Prohibition Act This bill generally provides statutory authority for the prohibition against securities trading, as well as related communications to others, by a person who has access to material, nonpublic information and is aware or recklessly disregards that the information is material and nonpublic. Further, that person must either be aware or recklessly disregards that the information has been obtained wrongfully or that the trading would be wrongful. The bill also provides, for purposes of establishing a violation of this prohibition, that it is not necessary for such a person to know specifically how such information was obtained or whether a personal benefit was paid or promised.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (1)
2022 · third_quarter · Financial Institutions/Investments/Securities
S. 3990: Insider Trading Prohibition
Client expense: $10,000 · Firm income: Not reported
Government targets: SENATE
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1937-1938)
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2022 · second_quarter · Financial Institutions/Investments/Securities
H.R.1579 - Ban Conflicted Trading Act; S. 3076: Ban Conflicted Trading at the Fed Act; S. 3990: Insider Trading Prohibition
Client expense: $10,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE