#CanadaSOLETFLaunch The issue of stock trading by members of the U.S. Congress has gained significant public attention due to concerns about potential insider trading and conflicts of interest. Several legislative efforts and existing regulations address this issue:

The STOCK Act

The Stop Trading on Congressional Knowledge (STOCK) Act, enacted on April 4, 2012, aimed to increase transparency and prevent insider trading by members of Congress. Key provisions include:

* Disclosure Requirements: Members of Congress are required to publicly disclose their stock trades and those of their spouses and dependent children within 30 days of receiving notice of the transaction and no later than 45 days after the transaction date. These filings are to be made available online. Before the STOCK Act, annual disclosures were sufficient.