S.350: End Congressional Stock Market Abuse Act of 2017

About This Bill

  • Introduced Feb. 9, 2017
  • Latest Major Action Feb. 9, 2017

Bill Sponsor

Bill Cosponsors

3 (2 Democrats, 1 Independent Democrat)

Bill Version

Bill Summary

End Congressional Stock Market Abuse Act of 2017 This bill amends the Securities Exchange Act of 1934 to prohibit Members of Congress, in securities transactions, from receiving a discounted purchase price or a premium sales price. This prohibition shall not apply if the Member of Congress reasonably believes that the discount or premium was obtained in a manner generally available to the public.

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 9, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 9, 2017

Introduced in the Senate by Al Franken (D-Minn.)

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