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S.1903 STOCK bill ("STOCK Act"), 112th Congress

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Official Bill Info

  • Latest Action: Dec 01, 2011 Committee on Homeland Security and Governmental Affairs. Hearings held. Hearings printed: S.Hrg. 112-344.

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    I know the most recent action for this bill is as follows: "Committee on Homeland Security and Governmental Affairs. Hearings held. Hearings printed: S.Hrg. 112-344." on Dec 01, 2011
  • Committee Assignment: Senate Homeland Security and Governmental Affairs

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    This bill has been assigned to the Senate Homeland Security and Governmental Affairs committee.

Bill Statistics on OpenCongress

  • 95% of users support S.1903

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    95% of users on OpenCongress.org, a free, non-partisan resource, support S.1903.
  • S.1903 has been viewed 2,827 times

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    S.1903 has been viewed 2,827 times on OpenCongress.org, a free, non-partisan resource.

    • Contribution Data

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    Supporting Organizations

    • Citizens for Responsibility and Ethics in Washington

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      I know that the organization Citizens for Responsibility and Ethics in Washington supports S.1903
    • Common Cause

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      I know that the organization Common Cause supports S.1903
    • Democracy 21

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      I know that the organization Democracy 21 supports S.1903
    • Public Citizen

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      I know that the organization Public Citizen supports S.1903
    • Public Interest Research Group

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      I know that the organization Public Interest Research Group supports S.1903
    • Campaign Legal Center

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      I know that the organization Campaign Legal Center supports S.1903
    • Natioanal Association of Personal Financial Advisors

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      I know that the organization Natioanal Association of Personal Financial Advisors supports S.1903

    Most-commented sections of the bill text

    • ‘(I) a member or employee of Congress, or an employee of an agency, as applicable, gains by reason of that position or employment; and (1 comments, Link )

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      specifically, this section of the legislation: "‘(I) a member or employee of Congress, or an employee of an agency, as applicable, gains by reason of that position or employment; and",

    Highest Rated User Comments

    • On December 07, 2011, by Ajscott123 - Also just to clarify - the bill will be revised and improved over time, but the bill should be opposed until the bill language is specific and severe enough that we might be satisfied with the equality.

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      As noted by Ajscott123, a user on OpenCongress.org, on December 07, 2011, "Also just to clarify - the bill will be revised and improved over time, but the bill should be opposed until the bill language is specific and severe enough that we might be satisfied with the equality."
    • On December 11, 2011, by Sumflow - The loophole in which members of congress and legislative staffers are immune from enforcement of insider-trading laws, is because the delayed reporting of securities transactions by congress, defeats, obstructs, and impairs its use as timely evidence. Insider-trading cases are hard to prove, because the trades must be tightly linked to the events or information on which they are allegedly based. Trades need to be disclosed in "real time or near real time," so that the memories of potential witnesses are fresh and suspects do not have time to cover up their actions. The SEC, which conducts most insider-trading investigations, urged faster disclosure of stock trades by members of Congress on electronic, searchable forms. This is why no Congress people were investigated under the current laws.

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      As noted by Sumflow, a user on OpenCongress.org, on December 11, 2011, "The loophole in which members of congress and legislative staffers are immune from enforcement of insider-trading laws, is because the delayed reporting of securities transactions by congress, defeats, obstructs, and impairs its use as timely evidence. Insider-trading cases are hard to prove, because the trades must be tightly linked to the events or information on which they are allegedly based. Trades need to be disclosed in "real time or near real time," so that the memories of potential witnesses are fresh and suspects do not have time to cover up their actions. The SEC, which conducts most insider-trading investigations, urged faster disclosure of stock trades by members of Congress on electronic, searchable forms. This is why no Congress people were investigated under the current laws. "
    • On December 22, 2011, by Sumflow - Central to this revised law proposed by the Senate is a “duty arising from a relationship of trust and confidence” that would be owed by members of Congress to the people,” and traders need to disclose nearer to real time,” so that the memories of potential witnesses are fresh, and they do not have time to cover up their actions.

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      As noted by Sumflow, a user on OpenCongress.org, on December 22, 2011, "Central to this revised law proposed by the Senate is a “duty arising from a relationship of trust and confidence” that would be owed by members of Congress to the people,” and traders need to disclose nearer to real time,” so that the memories of potential witnesses are fresh, and they do not have time to cover up their actions."

    Highly Rated Blog Articles

    • Online Casino Tribulations | Casino Online Gambling - February 15, 2012 by Shanno - More than one hundred Members of the US Congress singed the S.1903, aptly entitled “STOCK” also known as Stop Trading on Congressional Knowledge Act. The decree might also be helpful for several online casino ...

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      As noted by Shanno on February 15, 2012, "More than one hundred Members of the US Congress singed the S.1903, aptly entitled “STOCK” also known as Stop Trading on Congressional Knowledge Act. The decree might also be helpful for several online casino ..." (/url?q=http://casinoonlinegambling.co/online-casino-tribulations/&sa=U&ei=joJHT4b7B8-ItwfPtPCGDg&ved=0CEAQmAEwCQ&usg=AFQjCNEP4VMzK3B3RpX8HsMEPuZGFrPXRw)
    • Online Casino Tribulations | Casino Online Gambling - February 15, 2012 by Shanno - More than one hundred Members of the US Congress singed the S.1903, aptly entitled “STOCK” also known as Stop Trading on Congressional Knowledge Act. The decree might also be helpful for several online casino ...

      Clicking this will add the following text:

      As noted by Shanno on February 15, 2012, "More than one hundred Members of the US Congress singed the S.1903, aptly entitled “STOCK” also known as Stop Trading on Congressional Knowledge Act. The decree might also be helpful for several online casino ..." (/url?q=http://casinoonlinegambling.co/online-casino-tribulations/&sa=U&ei=h-NET7SFBI2isQLOy53DDw&ved=0CEAQmAEwCQ&usg=AFQjCNFHbJcSbW9SFYopDn1kTLcAPZdWBA)
    • Online Casino Tribulations | Casino Online Gambling - February 15, 2012 by Shanno - More than one hundred Members of the US Congress singed the S.1903, aptly entitled “STOCK” also known as Stop Trading on Congressional Knowledge Act. The decree might also be helpful for several online casino ...

      Clicking this will add the following text:

      As noted by Shanno on February 15, 2012, "More than one hundred Members of the US Congress singed the S.1903, aptly entitled “STOCK” also known as Stop Trading on Congressional Knowledge Act. The decree might also be helpful for several online casino ..." (/url?q=http://casinoonlinegambling.co/online-casino-tribulations/&sa=U&ei=mzRCT7moBrP02wXN19mbCA&ved=0CDwQmAEwCA&usg=AFQjCNEPHTQo28vLprFjctLQihknNfVRDA)

    Highly Rated News Articles

    • A nice stroll around Athens turns ugly - July 28, 2012 by Athens News - A 2008 New York Times article on model minorities writes, "The report quotes the opening to W. E. B. Du Bois's 1903 classic 'The Souls of Black Folk' — 'How does it feel to be a problem?' — and says that for Asian-Americans, seen as the 'good minority

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      As noted by Athens News on July 28, 2012, "A 2008 New York Times article on model minorities writes, "The report quotes the opening to W. E. B. Du Bois's 1903 classic 'The Souls of Black Folk' — 'How does it feel to be a problem?' — and says that for Asian-Americans, seen as the 'good minority " (http://www.athensnews.com/ohio/article-37419-a-nice-stroll-around-athens-turns-ugly.html)
    • Governor's Mansion reopens after renovation - July 19, 2012 by Fort Worth Business Press - The historic inventory includes Sam Houston's bed, Stephen F. Austin's writing desk and Robert Jenkins Onderdonk's 1903 painting, “Fall of the Alamo.” A portrait of Sam Houston hangs in the yellow small parlor near the front of the house. Then-Gov.

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      As noted by Fort Worth Business Press on July 19, 2012, "The historic inventory includes Sam Houston's bed, Stephen F. Austin's writing desk and Robert Jenkins Onderdonk's 1903 painting, “Fall of the Alamo.” A portrait of Sam Houston hangs in the yellow small parlor near the front of the house. Then-Gov." (http://www.fwbusinesspress.com/main.asp?SectionID=13&SubSectionID=38&ArticleID=19573)
    • Treasure Coast Volunteer Opportunities, updated July 12 - July 12, 2012 by Jupiter Courier - Youth Guidance Mentoring: And Activities Program. Over 150 volunteers needed at Good Grades Pool Party. 5:30-8 p.m. Aug. 11. Gifford Aquatic Center, 4895 43rd Ave., Vero Beach. 772-770-5040; ircyouth.com. Special Olympics Area Games: Indian ...

      Clicking this will add the following text:

      As noted by Jupiter Courier on July 12, 2012, "Youth Guidance Mentoring: And Activities Program. Over 150 volunteers needed at Good Grades Pool Party. 5:30-8 p.m. Aug. 11. Gifford Aquatic Center, 4895 43rd Ave., Vero Beach. 772-770-5040; ircyouth.com. Special Olympics Area Games: Indian ..." (http://www.tcpalm.com/news/2012/jul/12/no-headline---tc_volunteers/)
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