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…
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@ISIDEWITH3yrs3Y
No
@9HXHZVSIndependent1yr1Y
Brian higgins increased his increased his money by trading stocks by 238.9% Thats way more tyhan the averge person could do.
@ISIDEWITH2yrs2Y
No, and do more to prevent insider trading by their friends and family
@ISIDEWITH3yrs3Y
Yes
@9FLV5H32yrs2Y
just show us where the money comes and goes, i don't think congress should be be crooked and get bloody rich
@9HXHZVSIndependent1yr1Y
This is the United States of America regular people have the freedom to change stocks therefore congress people should have that freedom as well.
@ISIDEWITH2yrs2Y
Yes, as long as their trades are publicly reported in real time
@9RR395Q9mos9MO
Absolutely not! Elected officials in federal government and who sit on oversight committees should not be able to trade stocks
@9G3DHMG2yrs2Y
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.
@9GTY55Z1yr1Y
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.
@9RHYD7S10mos10MO
Yes, insider trading has nothing to do with one’s ability or trustworthiness to fulfill their office duties
@9GW5QNGProgressive1yr1Y
No, their investments should be held in a blind trust; and do more to prevent insider trading by their friends and family.
@9SBW6KC9mos9MO
No, and their investments should be held in a blind trust, and do more to prevent insider trading by their friends and family
@9J4BFZW1yr1Y
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
@9QTFQHG10mos10MO
No, and their investments should be held in a blind trust No, and do more to prevent insider trading by their friends and family
@96T2WVQ3yrs3Y
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.
@9ZL374C6mos6MO
Yes, but with strict protections against insider trading, their trades are publicly reported in real time, and their investments be held in a blind trust
@9GCTVQW2yrs2Y
Yes, but with strict protection against insider trading and their trades should be publicly reported in real time.
@9BXBCTN2yrs2Y
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
No, and their investments should be held in a blind trust nd do more to prevent insider trading by their friends and family.
No, they should not be allowed to have other forms of income while holding office outside of government salaries.
@B4NVJN94wks4W
No, and they should have to divest from their stocks and companies and also not be able to hold a board or lobbyist position for 10-20 years thereafter.
@B4KLCSB4wks4W
No politicians in congress should be worried about their jobs as policy makers and not be distracted by making more money outside of their election position
@ye 1mo1MO
No, and pass a law that says that anytime there is a deficit of more than three percent of GDP all sitting members of Congress are ineligible for reelection, and enable strict protections to prevent insider trading
@B3RCNM62mos2MO
Only index funds, etfs, mutual funds, and other diversified stocks that aren’t individual companies to avoid insider trading.
@B3HQLYW2mos2MO
No. Their investments should go in a blind trust. Family and friends trading should be closely monitored. Any politician caught insider trading should be imprisoned for life. It is legalized corruption.
@B38HRJT3mos3MO
Yes, just don't allow bribes/lobbying or we'll end up with a plutocracy, which is no different from a democratic tyranny.
No and the stock market should be dismantled and the means of production should be owned by the workers
Yes, but a strict prohibition of investing in any corporation that their committees and subcommittees regulate or could possibly investigate.
@B2R6JWY3mos3MO
No, and a government cannot be truly democratic under a capitalist system because the ruling class has a vested interest in corporate greed.
@B24M6LLWorking Family5mos5MO
No. Government officials should have no connection with outside investments that could sway their opinions.
@B24D5LP5mos5MO
All of the above. If they are going to trade it should be under strict guidelines and reported publicly in real time. More needs to be done about insider trading with anyone close to someone with that information. Holding their investments would be a good protection too.
@B23DPB35mos5MO
Yes, but enforce the STOCK Act and increase penalties for a member of Congress failing to report a financial transaction.
@9ZLN85T6mos6MO
Yes, but with strict protections against insider trading Yes, as long as their trades are publicly reported in real time No, and do more to prevent insider trading by their friends and family
Yes, but with strict protections in place to prevent insider trading & publicly reporting in real time
@9ZF4FXG6mos6MO
Yes, but with strict protections against insider training. Their investments should also be held in a blind trust.
@9ZDCFQW6mos6MO
Yes, but with strict protections against insider trading. Also hold their investments in a blind trust.
@9ZC4GRF6mos6MO
No, but they may have fund managers that trade stocks for them. However, they may not tell fund managers what to buy, when or not to sell.
@9ZBXQV66mos6MO
Those that service in government at higher levels and have intimate knowledge of funding, contracts, new bills/laws, etc.. should be required to carry and/or be governed under something similar to a Series 7 license where you are strictly monitored under the SEC.
@9ZB5JHJ6mos6MO
Yes, but only if it is managed by a third party (brokerage co) and they are not allowed to make decisions on the purchase or selling of specific stocks.
@9YL6TNQ6mos6MO
Yes, but they are only allowed to invest in managed portfolios, mutual funds, etc. where no active trading decisions are being made.
@9YCJXHQ 6mos6MO
No. They should only be able to invest in broad categories, not individual assets and they should be compensated to the highest degree to prevent the need for insider trading and manipulation.
@9Y5FLM36mos6MO
No, Insider trading is illegal. Congress and immediate family should be limited to only investing in major indices. They should be making decisions on what's best for the country, not themselves.
@9Y55MN46mos6MO
Members of Congress need to be compensated in such a way they are unable to be bought by special interests or foreign nations
@9W9Q47R 7mos7MO
Absolutely, not. And if they are caught making money from bills, they create
Then they will be thrown in prison for life, using all of their own money to pay for the prison time, but there has to be proven substantial. Evidence buy third party, nonpartisan groups
@9VX98SZ7mos7MO
No, and any member of congress, their immediate friends and family, staffers, or co workers who are found to be trading stocks while in office should be immediately banned from Congress forever and thrown in jail.
@9TYJFHK8mos8MO
No, but they should be allowed blind trusts, and they shouldn't be required to forfeit pre-owned shares.
@9TL54R5 8mos8MO
No, unless what they're buying is outside of their sphere of knowledge and influence, there are strict and enforced protections against insider trading by them, their family and friends, and cronies, and all trades are publicly reported in real time, and all such trading will be done by a trust that is administered by a neutral party.
@9TKNBD38mos8MO
they should be required to divest themselves of all stocks and bonds, as well as their families must suspend all trading during their terms.
@9TJRZT58mos8MO
Yes but only in index funds rather than individual companies, and ban the trading of any derivatives.
Yes but is not allowed to use there stocks and make sure they are following safer protocols and practices
@9SH9HFLIndependent 9mos9MO
No, Congress should only be allowed to buy in publicly available mutual or index funds while serving in office and be unable to trade stocks for 10 years after leaving office.
@CurvyletterConstitution 10mos10MO
Yes, provided they place their assets in blind trusts and adhere to strict disclosure requirements and penalties for violations
@9PTXL5Z 11mos11MO
No trades of individual stocks. I think it would be ok to allow them to purchase mutual funds for retirement accounts.
@9MFX8R712mos12MO
Abolish the congress. What people do with their own money is their business, except if it's criminal.
@9MDD3XT12mos12MO
Yes, as long as everything is reported in real time, including investments of immediate friends and family in related/adjacent companies.
@9M98YFV1yr1Y
No, Congressional members are not there for their own financial gain. They are here to serve their constituents. They should not be able to profit from insider information, nor should their families and friends.
@9M4HHY2Independence1yr1Y
No and yes, congress members should make money on the side if they want but needs to provide the information of stocks to the companies and the government but they should not touch it until they are out off office
@9M3KVCG1yr1Y
Yes, as long as they are not doing anything shady within their stock trade or within their time in congress.
@9K99V29 1yr1Y
Yes, as long as their trades, as well as the trades of their friends and family, are publicly reported in real time
@9LZ2GPK1yr1Y
Yes, as long as I or other individuals can know what they know when they know it. If they do not disclose this information they should be prosecuted and give up their seat in Congress.
@9LLKT4RConstitution 1yr1Y
Congressmen should refrain from voting on matters related to companies the stocks of which they possess
@9LH3KG71yr1Y
No, but I would be OK with them having their money invested in mutual funds, so long as those funds were publicly disclosed.
@9LGL8BR1yr1Y
Yes, but with strict protections against insider trading And with the trades of members of Congress publicly reported in real time
@9LD5YZN1yr1Y
Yes, but with strict protections against insider trading Like preventing insider trading by their friends and family and making their trades publicly reported in real time
@9L7N2XG1yr1Y
No this would be a violation of liberty rights of American citizens as Congress are the ones legislating laws against the citizens who elected them.
@9KZVC281yr1Y
no, and all assets of politicians that do should be seized by the federal government and reinvested into a sovereign wealth fund
@9KXQKXCRepublican1yr1Y
Only fair trading up to 10% of their actual annual pay (~$20,000) per year. Can’t include any other income for investment.
@9KXPPZ31yr1Y
Yes, and record all stock trading dates, and other details by members of congress in government records
@9KRL6QH1yr1Y
No; Increase penalties for violating the act, do more to prevent insider trading by their friends and family, and put their investments in a blind trust
@9KGSD9S1yr1Y
no, the trading should be done by financial professionals and they should trade within an etf that politicians and the general public may be allowed to purchase shares of the etf.
@9KC7KKX1yr1Y
Yes, with the same money rules as with citizens and a greater restriction for trades with other political leaders
@9K4Y7VJRepublican1yr1Y
They should go to jail and be prisoned for a long time, if trump is arrested than so should hillry and Nancy Pelosi be.
Deleted1yr1Y
Neutral, but make it the law where they can do that while offices but they can't be favouritism towards companies.
@9JTY6YB 1yr1Y
No, any investments before should be completely liquidated, and not allowed to purchase for 10 years out of office.
@9JQGRZZ1yr1Y
Yes as long as they wait for information to be released to the public before they trade and all trades made are public.
@charlie3sticks 1yr1Y
Yes, but only if we are allowed to give every new born baby a $50K 401K that is traded off Nancy Pelosi's stock bot.
@9JBS55CRepublican1yr1Y
Yes, but only if their investments are placed into a blind trust where the member of Congress has no knowledge or control of the investments.
@9J9VTVC1yr1Y
Yes, but with protections against insider trading from all indivduals that have relations and are related.
@9J9BL351yr1Y
No, politicians should have to forgo all material and financial possessions as soon as they take office. They should live like Buddhist monks in the poorest/roughest area that they represent. This is the only way to make sure that they serve everyone.
@9HSMSVL1yr1Y
No, and there should be charges of treason brought against any members of congress caught manipulating the government for financial gain.
@9HQ59M91yr1Y
NO. They are ALLOWED to use insider trading information that would have their staffers thrown in jail, and congress will never change this.
@SmithDylan1yr1Y
Yes, but only to the extent of being able to invest in set broad index funds like the C, S, I, F, and G fund provided through the TSP.
@9GVSH2Q1yr1Y
No, and abolish all other regulations and protections for the stock market, resulting in its collapse
@9GPMZK42yrs2Y
Either their trades are publicly reported in real time or all investments must be held in a blind trust.
@9GHYJHBRepublican2yrs2Y
No because any time it crashes or before it crashes they know too much info about it and they can sell their stocks before it crashes and get lots of money bascially cheating the system
@9DRGWJN2yrs2Y
No, and no political official at all should be trading stocks while in office.
@9DQQ6LH2yrs2Y
No political official should be trading stocks when in office.
@9D944ZN 2yrs2Y
No, any investments should be mandatorily held in a blind trust and there should be an oversight over the benefits they gain from family members' and friends' trades and investments.
@9D98WZR2yrs2Y
Yes - but must divest if on a committee dealing with that specific industry.
@9D84D5BRepublican2yrs2Y
Yes as long as they are publicly reported and their tax returns are made public.
@9D7CLZ62yrs2Y
No, and distribute all assets of government officials to the government and give them a life-long pention
@9D78XJDProgressive2yrs2Y
Yes, as long as their trades are publicly reported in 1. real time, and 2. implement regulations in regard to stocks traded within companies that have connections with assigned committee groups (to include servants' friends and families) ... tbc
@9D56JSV2yrs2Y
No, and their investments should be complete public knowledge and publicly disclosed. Violations should be enforced with a more substantial penalty such as impeachment.
@9D4XFDSRepublican2yrs2Y
No. And for 10 years after serving
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