U.S. Congress - H.R.3639 To amend the Ethics in Government Act of 1978 to require federally elected officials to...
H.R.3639 - To amend the Ethics in Government Act of 1978 to require federally elected officials to place their stocks, bonds, commodities futures, and other forms of securities in a blind trust.
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- Official: To amend the Ethics in Government Act of 1978 to require federally elected officials to place their stocks, bonds, commodities futures, and other forms of securities in a blind trust. as introduced.
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Official Summary
12/13/2011--Introduced.Prevent Insider Trading by Elected Officials Act - Amends the Ethics in Government Act of 1978 to require the President, Vice President, and each Member of Congress to place all of his or her stocks, bonds, commodities futures, and other forms of securities, includinOfficial Summary
12/13/2011--Introduced.Prevent Insider Trading by Elected Officials Act - Amends the Ethics in Government Act of 1978 to require the President, Vice President, and each Member of Congress to place all of his or her stocks, bonds, commodities futures, and other forms of securities, including securities held jointly with a spouse, in a qualified blind trust. Exempts from such requirement any financial interests in or income derived from:(1) the Civil Service Retirement System (CSRS) or the Federal Employees' Retirement System (FERS), including the Thrift Savings Plan (TSP);
(2) any other federal retirement system for U.S. officers and employees, including the President, or for members of the uniformed services; or
(3) benefits received under the Social Security Act. Requires such individuals to comply with this Act within 30 days after taking office, or, if an incumbent, within 30 days after enactment of this Act. Allows the President and Vice President to file with the Director of the Office of Government Ethics for an additional 30-day extension in order to comply with this Act. Allows a Member of Congress to file, as appropriate, with the Clerk of the House of Representatives or the Secretary of the Senate for such 30-day extension. Authorizes the Attorney General to bring a civil action against the President, the Vice President, or any Member of Congress for noncompliance with this Act.
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Recent News Coverage
Congressman Nugent sent a personal letter to me..I am registered D ..whats up?
I introduced legislation on Tuesday, H.R. 3639 - The Prevent Insider Trading by Elected Officials Act, that would require the President, Vice President, and members of Congress to place their funds in a qualified blind trust upon taking office.
Congressman Nugent sent a personal letter to me..I am registered D ..whats up?
I introduced legislation on Tuesday, H.R. 3639 - The Prevent Insider Trading by Elected Officials Act, that would require the President, Vice President, and members of Congress to place their funds in a qualified blind trust upon taking office.
Recent Blog Coverage
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H.R. 3639 (111th): Expedited CARD Reform for Consumers Act of ...
111th Congress, 2009–2010. To amend the Credit Card Accountability Responsibility and Disclosure Act of 2009 to establish an earlier effective date for various consumer protections, and for other purposes. Sponsor: Rep. Carolyn Maloney ...
H.R. 3639 (111th): Expedited CARD Reform for Consumers Act of ...
111th Congress, 2009–2010. To amend the Credit Card Accountability Responsibility and Disclosure Act of 2009 to establish an earlier effective date for various consumer protections, and for other purposes. Sponsor: Rep. Carolyn Maloney ...
H.R. 3639 (111th): Expedited CARD Reform for Consumers Act of ...
111th Congress, 2009–2010. To amend the Credit Card Accountability Responsibility and Disclosure Act of 2009 to establish an earlier effective date for various consumer protections, and for other purposes. Sponsor: Rep. Carolyn Maloney ...
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