Legis Daily

To amend the Securities Exchange Act of 1934 to prohibit Members of Congress from receiving a discounted price in certain private offerings of securities.

USA115th CongressHR-2277| House 
| Updated: 5/1/2017
Louise McIntosh Slaughter

Louise McIntosh Slaughter

Democratic Representative

New York

Cosponsors (1)
Carol Shea-Porter (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
End Congressional Stock Market Abuse Act of 2017 This bill amends the Securities Exchange Act of 1934 to prohibit Members of Congress from: (1) receiving a discounted purchase price or a premium sales price in a securities transaction, or (2) purchasing a nonpublic offering of a covered security available on a U.S. or foreign exchange. 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 9, 2017

Latest Companion Bill Action

S 115-350
Introduced in Senate
May 1, 2017
Introduced in House
May 1, 2017
Referred to the House Committee on Financial Services.
  • February 9, 2017

    Latest Companion Bill Action

    S 115-350
    Introduced in Senate


  • May 1, 2017
    Introduced in House


  • May 1, 2017
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • S 115-350: A bill to amend the Securities Exchange Act of 1934 to prohibit Members of Congress from receiving a discounted price in certain private offerings of securities.
Government ethics and transparency, public corruptionMembers of CongressSecurities

To amend the Securities Exchange Act of 1934 to prohibit Members of Congress from receiving a discounted price in certain private offerings of securities.

USA115th CongressHR-2277| House 
| Updated: 5/1/2017
End Congressional Stock Market Abuse Act of 2017 This bill amends the Securities Exchange Act of 1934 to prohibit Members of Congress from: (1) receiving a discounted purchase price or a premium sales price in a securities transaction, or (2) purchasing a nonpublic offering of a covered security available on a U.S. or foreign exchange. 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 9, 2017

Latest Companion Bill Action

S 115-350
Introduced in Senate
May 1, 2017
Introduced in House
May 1, 2017
Referred to the House Committee on Financial Services.
  • February 9, 2017

    Latest Companion Bill Action

    S 115-350
    Introduced in Senate


  • May 1, 2017
    Introduced in House


  • May 1, 2017
    Referred to the House Committee on Financial Services.
Louise McIntosh Slaughter

Louise McIntosh Slaughter

Democratic Representative

New York

Cosponsors (1)
Carol Shea-Porter (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 115-350: A bill to amend the Securities Exchange Act of 1934 to prohibit Members of Congress from receiving a discounted price in certain private offerings of securities.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government ethics and transparency, public corruptionMembers of CongressSecurities