STOP TRADING ON CONGRESSIONAL KNOWLEDGE (STOCK) ACT OF 2012: A LEGISLATIVE HISTORY OF PUBLIC LAW NO. 112-105
Item #: 1000180
Published: Getzville; William S. Hein & Co., Inc.; 2013.
Subjects: LEGISLATIVE HISTORY, PUBLIC LAW & POLICY
The STOCK Act was intended to prevent members of Congressand all employees of the executive and judicial branchesfrom using information derived from their official positionsfor personal profit. Provisions of the Act requiring onlinedisclosure of financial transactions were harshly criticizedby federal government employee unions. Barely a year afterpassing the Act, citing security concerns Congressunanimously passed an amendment removing the onlinedisclosure provisions, an action considered by some to haveeffectively gutted the Act. This compilation contains thetext of the STOCK Act, bill versions, related bills, relatedhearings, Congressional Record materials, and presidentialremarks. It also contains the few documents that relate tothe quickly-enacted repeal of the disclosure provisions.