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H.R. 4009 112th Congress House

To prohibit Members of Congress, senior congressional staffers, and administration executives from making certain purchases or sales of registered securities, futures, swaps, security futures…

Official title: To prohibit Members of Congress, senior congressional staffers, and administration executives from making certain purchases or sales of registered securities, … Show full official titleShow less

Official title: To prohibit Members of Congress, senior congressional staffers, and administration executives from making certain purchases or sales of registered securities, futures, swaps, security futures products, security-based swaps, and options, to prohibit bonus payments to executives at Fannie Mae and Freddie Mac, and for other purposes.

Introduced: February 9, 2012 Introduced by: Darrell Issa Republican · California See on congress.gov
Congress Congressional officers and employeesCorporate finance and managementFederal officialsFinancial services and investments
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Government corporations and government-sponsored enterprisesGovernment ethics and transparency, public corruptionHousing finance and home ownershipMembers of CongressPresidents and presidential powers, Vice PresidentsSecuritiesWages and earnings
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 23, 2012
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Feb 9, 2012
Referred to the Committee on Financial Services, and in addition to the Committees on House Administration, and Oversight and Government Reform, 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.
Feb 9, 2012
Introduced in House
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 Latest action February 23, 2012

Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

 Plain-English summary Congressional Research Service

Prohibits Members of Congress, senior congressional staffers, and administration executives from purchasing or selling registered securities, futures, swaps, security futures products, security-based swaps, and options on them, subject to specified exceptions.

Subjects any person who violates such requirement to specified federal administrative penalties relating to material nonpublic information received in the course of employment.

Prohibits senior executives at the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises [GSEs])from receiving bonuses during any period of conservatorship on or after the enactment of this Act.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
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APA
U.S. Congress. (2026). H.R. 4009: To prohibit Members of Congress, senior congressional staffers, and administration executives from making certain purchases or sales of registered securities, futures, swaps, security futures products, security-based swaps, and options, to prohibit bonus payments to executives at Fannie Mae and Freddie Mac, and for other purposes.. 112th Congress. Open America. https://openamerica.io/bill/112-HR-4009/
MLA
"H.R. 4009: To prohibit Members of Congress, senior congressional staffers, and administration executives from making certain purchases or sales of registered securities, futures, swaps, security futures products, security-based swaps, and options, to prohibit bonus payments to executives at Fannie Mae and Freddie Mac, and for other purposes.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-4009/.
Bluebook (legal)
H.R. 4009, 112th Cong. (2026), https://openamerica.io/bill/112-HR-4009/.
Markdown link
[H.R. 4009: To prohibit Members of Congress, senior congressional staffers, and administration executives from making certain purchases or sales of registered securities, futures, swaps, security futures products, security-based swaps, and options, to prohibit bonus payments to executives at Fannie Mae and Freddie Mac, and for other purposes.](https://openamerica.io/bill/112-HR-4009/)
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