House Bill 6401
116th Congress(2019-2020)
Ban Conflicted Trading Act
Introduced
Introduced in House on Mar 26, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6401
Congress
116
Policy Area
Congress
Congress
Primary focus of measure is Members of Congress; general congressional oversight; congressional agencies, committees, operations; legislative procedures; U.S. Capitol. Measures concerning oversight and investigation of specific matters may fall under the issue-specific relevant policy area.
Raja Krishnamoorthi
grade
Illinois
California
Colorado
District of Columbia
Maine
Maryland
Massachusetts
New York
New York
Oregon
No House votes have been held for this bill.
Summary
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.
March 26, 2020
03/26/2020
Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
03/26/2020
Introduced in House
Public Record
Record Updated
Feb 8, 2022 11:17:25 PM