H.R. 6461 · 116th Congress

Integrity for Public Officials Act

Stage
In committee
Introduced
2020-04-07
Latest action
2020-04-07 · Introduced in House

Summary

Integrity for Public Officials Act or the IPO Act

This bill prohibits certain senior government officials, including Members of Congress, from engaging in specified transactions.

Specifically, the bill prohibits these individuals from (1) purchasing or selling certain investments in securities, commodities, or futures; (2) entering into a transaction that creates a net short position in a security; or (3) serving as an officer or board member of a for-profit association, corporation, or other entity.