The 2012 STOCK Act was intended to combat insider trading by politicians. While it doesn’t ban trading by members of Congress, it is meant to give closer oversight, and provides regulations for how trades must be reported. The House Ethics Committee is in charge of enforcing the STOCK Act, and pena...

The 2012 STOCK Act was intended to combat insider trading by politicians. While it doesn’t ban trading by members of Congress, it is meant to give closer oversight, and provides regulations for how trades must be reported. The House Ethics Committee is in charge of enforcing the STOCK Act, and penalizing members of Congress who fail to meet disclosure requirements. However, despite frequent violations, they rarely assess any penalties — and Ethics Committee members often break the law themselves. We recently investigated this closer, and found 4 members of the current Ethics Committee who have violated the STOCK Act. Follow Quiver⤵️ • TikTok - https://www.tiktok.com/@quiverquant?_t=8hRYYxLIktr&_r=1 • Instagram - https://www.instagram.com/quiverquantitative/ • LinkedIn - https://www.linkedin.com/company/quiver-quantitative/ • Twitter - https://x.com/QuiverQuant?s=20 For the best financial news, subscribe here ➡ https://www.youtube.com/channel/UCT-nnQX33CqyNiqhBcoZ-UQ 🔔 Turn on notifications to stay updated with new uploads! #quiverquant #data #stocks #shorts #youtubeshorts