#CongressTradingBan

The Congressional Trading Ban is a law that prohibits members of Congress (Representatives and Senators) and senior government officials from using insider information that they gain during their work to achieve financial gains in the stock market.

### **In Brief:**

1. **Objective**: Prevent the unfair exploitation of confidential information in stock trading.

2. **Key Laws**:

- **STOCK Act (2012)**: Prohibits trading based on insider information and requires disclosure of their financial transactions.

- **2022-2023 Amendments**: Members of Congress are prohibited from trading individual stocks (proposals not yet fully approved).

3. **Criticisms**:

- Some members still trade in suspicious ways.

- Penalties are sometimes weak.

### **Is the ban complete?**

- No, there are exceptions (such as mutual funds or blind investments).

- Some members are calling for stricter bans.

If you want more details about a specific issue or the latest updates, let me know!