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HR 6461 116th Congress House

IPO Act

Official title: To prohibit senior Government officials, including Members of Congress, from purchasing or selling certain investments, and for other purposes.

Introduced: April 7, 2020 See on congress.gov
Congress Civil actions and liabilityCommodities marketsCongressional officers and employeesCorporate finance and management
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Financial services and investmentsGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionMembers of CongressSecurities
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Apr 7, 2020
Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, House Administration, and the Judiciary, 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.
Apr 7, 2020
Introduced in House
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 Latest action April 7, 2020

Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, House Administration, and the Judiciary, 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 Congressional Research Service

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.

 Related & companion bills 2
  • HR 6401 Related bill Ban Conflicted Trading Act
  • S 1393 Related bill Ban Conflicted Trading Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 5
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6461: IPO Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6461/
MLA
"H.R. 6461: IPO Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6461/.
Bluebook (legal)
H.R. 6461, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6461/.
Markdown link
[H.R. 6461: IPO Act](https://openamerica.io/bill/116-HR-6461/)
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