S. 350 · 115th Congress
End Congressional Stock Market Abuse Act of 2017
- Stage
- In committee
- Sponsor
- Al Franken
- Introduced
- 2017-02-09
- Latest action
- 2017-02-09 · Introduced in Senate
Summary
End Congressional Stock Market Abuse Act of 2017
This bill amends the Securities Exchange Act of 1934 to prohibit Members of Congress, in securities transactions, from receiving a discounted purchase price or a premium sales price.
This prohibition shall not apply if the Member of Congress reasonably believes that the discount or premium was obtained in a manner generally available to the public.