A bill to prohibit Members of Congress from purchasing or selling certain investments, and for other purposes.
Ban Conflicted Trading Act
This bill prohibits a Member of Congress or certain congressional officers or employees from (1) purchasing or selling specified investments, (2) entering into a transaction that creates a net short position in a security, or (3) serving as an officer or member of any board of any for-profit entity.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Introduced in Senate
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
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