HR 1148 112th Congress House Government Operations and Politics Administrative law and regulatory procedures Commodities markets Commodity Futures Trading Commission Congressional officers and employees Congressional oversight Government employee pay, benefits, personnel management Government ethics and transparency, public corruption Government information and archives House of Representatives Legislative rules and procedure Licensing and registrations Members of Congress Public participation and lobbying Securities Securities and Exchange Commission (SEC)

Stop Trading on Congressional Knowledge Act

Introduced: December 16, 2011 See on congress.gov

Everywhere this bill has been 13 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 1, 2012

Motion to Discharge Committee filed by Mr. Walz (MN). Petition No: 112-3. (Discharge petition text with signatures.)

Dec 6, 2011

Committee Hearings Held.

Jun 1, 2011

Referred to the Subcommittee on the Constitution.

Mar 29, 2011

Rereferred to the Committee on Financial Services, and in addition to the Committees on Agriculture, House Administration, the Judiciary, Ethics, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Mar 29, 2011

Committee on Ethics discharged.

Mar 29, 2011

Committee on Judiciary discharged.

Mar 29, 2011

Committee on House Administration discharged.

Mar 29, 2011

Committee on Agriculture discharged.

Mar 29, 2011

Committee on Financial Services discharged.

Mar 29, 2011

RE-REFERRAL - Mr. Bachus asked unanimous consent that H.R. 1148 be re-referred primarily to the Committee on Financial Services and additionally to the Committees on Agriculture, House Administration, the Judiciary, Ethics and Rules. Agreed to without objection.

Mar 29, 2011

Referred to the Subcommittee on General Farm Commodities and Risk Management.

Mar 17, 2011

Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, House Administration, the Judiciary, and Ethics, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Mar 17, 2011

Introduced in House

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Plain-English summary Congressional Research Service

Stop Trading on Congressional Knowledge Act - Amends the Securities Exchange Act of 1934 and the Commodity Exchange Act to direct both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to prohibit purchase or sale of either securities, security-based swaps, or commodities for future delivery or swap by a person in possession of material nonpublic information regarding pending or prospective legislative action if the information was obtained: (1) knowingly from a Member or employee of Congress, (2) by reason of being a Member or employee of Congress, or (3) from other federal employees and derived from their federal employment.

Amends the Code of Official Conduct of the Rules of the House of Representatives to prohibit any Member, officer, or employee of the House from disclosing material nonpublic information relating to any pending or prospective legislative action relating to any publicly-traded company or to any commodity if such person has reason to believe that the information will be used to buy or sell the securities of that publicly traded company or that commodity for future delivery based on such information.

Directs both the Committee on Agriculture and the Committee on Financial Services of the House of Representatives to hold hearings on the implementation by the CFTC and the SEC of such financial transaction prohibitions.

Amends the Ethics in Government Act of 1978 to require formal disclosure of certain securities and commodities futures transactions to either the Clerk of the House of Representatives or the Secretary of the Senate.

Amends the Lobbying Disclosure Act of 1995 to subject to its registration, reporting, and disclosure requirements, as well as requirements for identification of clients and covered legislative and executive officials, all political intelligence activities, contacts, firms, and consultants. Requires the Comptroller General to include political intelligence activities, contacts, firms, and consultants in its annual compliance audits and reports.

What's happening now February 1, 2012

Motion to Discharge Committee filed by Mr. Walz (MN). Petition No: 112-3. (<a href="http://clerk.house.gov/112/lrc/pd/petitions/DisPet0003.xml ">Discharge petition</a> text with signatures.)

Related & companion bills 3

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 8

Agriculture Committee
House of Representatives
Committee on House Administration
House of Representatives
Constitution and Limited Government Subcommittee
House of Representatives · subcommittee of Judiciary Committee
Ethics Committee
House of Representatives
Financial Services Committee
House of Representatives
General Farm Commodities, Risk Management, and Credit Subcommittee
House of Representatives · subcommittee of Agriculture Committee
Judiciary Committee
House of Representatives
Rules Committee
House of Representatives

Cosponsors 103

Clarke, Yvette D.

New York · Feb 9, 2012

Bonamici, Suzanne

Oregon · Feb 8, 2012

Fleischmann, Charles J. "Chuck"

Tennessee · Feb 6, 2012

VISCLOSKY, PETER

· Feb 3, 2012

Neal, Richard E.

Massachusetts · Feb 2, 2012

Yoder, Kevin

· Feb 2, 2012

Bishop, Sanford D.

Georgia · Feb 1, 2012

Clyburn, James E.

South Carolina · Feb 1, 2012

Moore, Gwen

Wisconsin · Feb 1, 2012

Sánchez, Linda T.

California · Feb 1, 2012

Thompson, Bennie G.

Mississippi · Feb 1, 2012

Velázquez, Nydia M.

New York · Feb 1, 2012

Wilson, Frederica S.

Florida · Feb 1, 2012

Hoyer, Steny H.

Maryland · Jan 31, 2012

Keating, William R.

Massachusetts · Jan 31, 2012

McCaul, Michael T.

Texas · Jan 31, 2012

Pallone, Frank

New Jersey · Jan 31, 2012

Chu, Judy

California · Jan 25, 2012

Crawford, Eric A. "Rick"

Arkansas · Jan 25, 2012

Wasserman Schultz, Debbie

Florida · Dec 19, 2011

JOHNSON, SAM

· Dec 16, 2011

DeGette, Diana

Colorado · Dec 13, 2011

Wilson, Joe

South Carolina · Dec 13, 2011

Tennessee · Dec 8, 2011

Garamendi, John

California · Dec 8, 2011

Lofgren, Zoe

California · Dec 8, 2011

South Carolina · Dec 8, 2011

Baldwin, Tammy

Wisconsin · Dec 7, 2011

Carson, André

Indiana · Dec 7, 2011

Davis, Danny K.

Illinois · Dec 7, 2011

Connecticut · Dec 7, 2011

Markey, Edward J.

Massachusetts · Dec 7, 2011

Nadler, Jerrold

New York · Dec 7, 2011

SHIMKUS, JOHN

· Dec 7, 2011

Walberg, Tim

Michigan · Dec 7, 2011

Carter, John R.

Texas · Dec 6, 2011

Costa, Jim

California · Dec 6, 2011

Cuellar, Henry

Texas · Dec 6, 2011

DeLauro, Rosa L.

Connecticut · Dec 6, 2011

FRELINGHUYSEN, RODNEY

· Dec 6, 2011

Green, Al

Texas · Dec 6, 2011

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APA

U.S. Congress. (2026). H.R. 1148: Stop Trading on Congressional Knowledge Act. 112th Congress. Open America. https://openamerica.io/bill/112-HR-1148/

MLA

"H.R. 1148: Stop Trading on Congressional Knowledge Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-1148/.

Bluebook (legal)

H.R. 1148, 112th Cong. (2026), https://openamerica.io/bill/112-HR-1148/.

Markdown link

[H.R. 1148: Stop Trading on Congressional Knowledge Act](https://openamerica.io/bill/112-HR-1148/)