#CanadaSOLETFLaunch A congressional stock trading ban aims to prohibit members of Congress, their spouses, and dependent children from trading individual stocks to prevent conflicts of interest and insider trading. The bipartisan ETHICS Act, advanced by a Senate committee in 2024, would ban stock purchases 90 days after enactment and require divestment by 2027. Penalties include fines up to 10% of the asset’s value or a month’s salary. The 2012 STOCK Act requires trade disclosures but is weakly enforced, with 86% public support for a ban due to perceived unethical profiteering from privileged information. Critics argue it limits financial freedom, but proponents say it restores public.