S. 2038 (112th): STOCK Act

Introduced:

Jan 26, 2012
112th Congress, 2011–2013

Status:

Enacted — Signed by the President on Apr 4, 2012

This bill was enacted after being signed by the President on April 4, 2012.

Law:

Pub.L. 112-105

Sponsor:

Joseph Lieberman

Senator from Connecticut

Independent

Text:

Read Text »
Last Updated: Mar 28, 2012
Length: 15 pages

About the bill

Full Title

An original bill to prohibit Members of Congress and employees of Congress from using nonpublic information derived from their official positions for personal benefit, and for other purposes.

Summary

The Stop Trading on Congressional Knowledge Act ("STOCK" Act, Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012), is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The bill prohibits the use of non-public information for private profit, including insider trading by ...

(Wikipedia)

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History

Jan 26, 2012
 
Introduced

This is the first step in the legislative process.

Jan 26, 2012
 
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Feb 2, 2012
 
Passed Senate

The bill was passed in a vote in the Senate. It goes to the House next.

Feb 9, 2012
 
Passed House with Changes

The House passed the bill with changes not in the Senate version and sent it back to the Senate to approve the changes.

Mar 22, 2012
 
Senate Agreed to Changes

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill. The vote was by Unanimous Consent so no record of individual votes was made.

Apr 4, 2012
 
Enacted — Signed by the President

The President signed the bill and it became law.

This page is about a bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Links & tools

Primary Source

Congress.gov

Congress.gov is updated generally one day after events occur. Legislative activity since the last update may not be reflected on GovTrack. Data via congress project.

Citation

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