Key points in the U.S. Congress's "Congress Trading Ban" bill:
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1. The objective of the bill:
Prohibit U.S. Congress members and their relatives (spouses, dependent children) from buying and selling personal securities to avoid conflicts of interest and restore public trust.
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2. Key points in the law:
Mandatory sale or transfer of investment assets into a blind trust within 120 days from the law's effective date.
Complete ban on purchasing additional personal stocks.
Must sell all current holdings within 90 days.