#国会议员交易限制 Core Legislation and Legislative Background

The Stop Trading on Congressional Knowledge Act (2012)

Core Provisions: Prohibits members of Congress and federal employees from using non-public information obtained through their positions for securities trading; requires the disclosure of financial transactions exceeding $1,000 within 45 days after the trade.

Purpose: To curb insider trading behaviors that exploit political power for trading advantages and to maintain market fairness.

Recent Legislative Trends

The Restoring Faith in Government Act (2024): Proposed by Representatives like Ocasio-Cortez, it suggests prohibiting members of Congress, their spouses, and minor children from trading or holding individual stocks during their term.

President Biden's Position: In December 2024, Biden stated that members of Congress should be prohibited from trading stocks, emphasizing that "individual stock trading erodes public trust in government."