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S 3718 115th Congress Senate

Ban Conflicted Trading Act

Official title: A bill to prohibit Members of Congress from purchasing or selling certain investments, and for other purposes.

Introduced: December 6, 2018 Introduced by: Merkley, Jeff Democratic · Oregon See on congress.gov
Congress Civil actions and liabilityCommodities marketsCongressional officers and employeesCorporate finance and management
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Financial services and investmentsGovernment ethics and transparency, public corruptionMembers of CongressSecurities
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 6, 2018
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Dec 6, 2018
Introduced in Senate
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 Latest action December 6, 2018

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

 Plain-English summary Congressional Research Service

Ban Conflicted Trading Act

This bill prohibits a Member of Congress or certain congressional officers or employees from (1) purchasing or selling specified investments, (2) entering into a transaction that creates a net short position in a security, and (3) serving as an officer or member of any board of any for-profit entity.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 3718: Ban Conflicted Trading Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-3718/
MLA
"S. 3718: Ban Conflicted Trading Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-3718/.
Bluebook (legal)
S. 3718, 115th Cong. (2026), https://openamerica.io/bill/115-S-3718/.
Markdown link
[S. 3718: Ban Conflicted Trading Act](https://openamerica.io/bill/115-S-3718/)
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