HR 6401
116th Congress
House
Congress
Civil actions and liability
Commodities markets
Congressional officers and employees
Corporate finance and management
Financial services and investments
Government ethics and transparency, public corruption
Members of Congress
Securities
Ban Conflicted Trading Act
Introduced: March 26, 2020
Introduced by:
Krishnamoorthi, Raja
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 26, 2020
Introduced in House
Mar 26, 2020
Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, 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.
Plain-English summary
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, or (3) serving as an officer or member of any board of any for-profit entity.
What's happening now
Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, 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.
Committees of jurisdiction
3