Last updated on: 11/17/2011 | Author: ProCon.org

What is the Stop Trading on Congressional Knowledge (STOCK) Act?

UPDATED: What is the Stop Trading on Congressional Knowledge (STOCK) Act? It currently remains legal for members of Congress to buy and sell stocks based on information they gain on the job. The STOCK Act would prohibit members of Congress and federal employees from profiting from non-public information they obtain via their official positions, and it would require greater oversight of the growing “political intelligence” industry. Read our comprehensive history of this controversial bill.