Congress passed the Stop Trading on Congressional Knowledge Act (STOCK Act) in 2012, following more than 10 years of allegations of insider trading by members of Congress and staff. Initially introduced in 2006, Rep. Louise Slaughter (D-NY) and Rep. Brian Baird (D-WA) drafted the STOCK Act in response to insider trading allegations against Tony Rudy, a top aide to the onetime House Majority Leader Rep. Tom DeLay, as well as an insider trading scandal faced by Senate Majority Leader Bill Frist in 2005. Critics argue that The STOCK Act has failed to achieve its goal of penalizing members for…
Read more@ISIDEWITH3yrs3Y
No
@9HXHZVSIndependent7mos7MO
Brian higgins increased his increased his money by trading stocks by 238.9% Thats way more tyhan the averge person could do.
@ISIDEWITH1yr1Y
No, and do more to prevent insider trading by their friends and family
@9DZR42M11mos11MO
@ISIDEWITH3yrs3Y
@ISIDEWITH3yrs3Y
Yes
@9FLV5H310mos10MO
just show us where the money comes and goes, i don't think congress should be be crooked and get bloody rich
@9HXHZVSIndependent7mos7MO
This is the United States of America regular people have the freedom to change stocks therefore congress people should have that freedom as well.
@ISIDEWITH3yrs3Y
@ISIDEWITH1yr1Y
@9G3DHMG10mos10MO
No, and their investments should be held in a blind trust as well as doing more to prevent insider trading by their friends and family.
@9GTY55Z9mos9MO
No, and their investments should be held in a blind trust and do more to prevent insider trading by their family and friends, such as all family members must report their trades in real time.
@9J4BFZW6mos6MO
No, their investments should be held in a blind trust and more should be done to prevent insider trading by their family, friends and coworkers
@9GW5QNGProgressive9mos9MO
No, their investments should be held in a blind trust; and do more to prevent insider trading by their friends and family.
@9BXBCTN1yr1Y
Yes, but with strict protections against insider trading and as long as their trades are publicly reported in real time
@97MLL8T2yrs2Y
there should be no congress
@96T2WVQ2yrs2Y
Yes, but with strict protections against insider trading and their investments should be held in a blind trust UNTIL they are NO LONGER IN OFFICE. This could be considered INSIDER TRADING otherwise.
@8YSXB5FIndependent2yrs2Y
No. And abolish the stock market.
@9C2W4QR1yr1Y
Yes, but not individual stocks.
@8Z67X3Q2yrs2Y
Congress should be abolished
@93MGBSN2yrs2Y
No, and their investments should be held in a blind trust and they should be audited before running for election
No, and substantially increase the financial penalties for insider trading
@488L62JLibertarian1yr1Y
Yes, but with strict protections against insider trading and their trades publicly reported in real time.
@99NZGT51yr1Y
I don’t know what this is
@99KTMZP1yr1Y
Yes, but only trades accessible to all citizens, and every one of their transactions should be published on-line in real-time, 24 hrs in in advance, with all citizens having the right and opportunity to make (if they choose) the same investments during that 24 hrs (e.g., have a "Nancy Pelosi" investment fund open to all) that match those of any congressperson, if they choose. Who wouldn't want to invest in a Nancy Pelosi index fund?
@98MMCB52yrs2Y
I would say no but. To be honest I would just be more worried about what and who they are trading with.
If they are trading with an Enemy of The United States Of America such as Afghanistan or Russia or China or Vietnam or Cuba or North Korea or Palestine then no they should not be allowed to trade while in Congress. However if they are trading with an American ally like Taiwan or Israel or Canada or Germany I could really care less..
@97YM23V2yrs2Y
@97FZC4GRepublican2yrs2Y
No and any immediate family should be barred from trading stocks to benefit that member of congress until retirement or leaving office.
@977QM3LLibertarian2yrs2Y
No, and it should be considered insider trading if they do trade stocks in office.
@96VY8BP2yrs2Y
No, seize their stocks and break them up and also, arrest those corrupt politicians who sell stocks.
@935M6NN2yrs2Y
No, and abolish the stock market.
@8YM9VBP3yrs3Y
@47R4XTR 1wk1W
No on individual stocks and should ban trades by close family, friends, and associates on their behalf.
@9R37LWP1wk1W
No, their investments should be held in a blind trust and their friends and family should not be allowed to engage in insider trading.
Ideally no, they should be held in high scrutiny during their term(s) and allowed to return to the private sector afterwards.
@9QY5DWB2wks2W
No ban congress members and direct relatives from owning individual stock and prevent insider trading with friends and family
@9QWMMW32wks2W
They should be allowed to hold stocks but not have direct control and more should be done to prevent insider trading
@9QVBQLM2wks2W
The complete decentralization of power, wealth and resources is necessary, and insider trading stands in the way of that.
@9QTFQHG2wks2W
No, and their investments should be held in a blind trust No, and do more to prevent insider trading by their friends and family
@9QMCN7B3wks3W
No, and no immediate family should not be allowed to either. All financial accounts should be monitored for the remainder of their lives
@9QMCN7B3wks3W
No, and no immediate family should be allowed to either. All financial accounts should be monitored for the remainder of their lives
@CurvyletterConstitution 4wks4W
Yes, provided they place their assets in blind trusts and adhere to strict disclosure requirements and penalties for violations
@9PTXL5Z 4wks4W
No trades of individual stocks. I think it would be ok to allow them to purchase mutual funds for retirement accounts.
@9PBDYVJ1mo1MO
No, they can use blind trusts during their service. This is out of control and those who have made themselves multimillionaires while in service in Congress should have their money recaptured to pay national debt. They already get retirement and healthcare benefits unlike anything the rest of us receive.
@9NXW9RJ 2mos2MO
No. Put at least a five-year ban on stock trades on those who leave Congress and their family and friends.
@AngryVote2mos2MO
Yes, but with strict protections against insider trading by the member, and by their friends and family
@John-ThomasLibertarian 2mos2MO
Yes, but there should be a complete separation of economy and state, so that government decisions cannot affect the value of stock.
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