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releases: https://susielee.house.gov/media/press-releases/rep-susie-lee-helps-house-pass-bipartisan-insider-trading-prohibition-act

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Data license: MIT · Data source: dwillis/congress-press

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
https://susielee.house.gov/media/press-releases/rep-susie-lee-helps-house-pass-bipartisan-insider-trading-prohibition-act Rep. Susie Lee Helps House Pass Bipartisan Insider Trading Prohibition Act 2019-12-05 2019 2019-12 Democrat House NV Susie Lee L000590 susielee.house.gov     legacy Washington, D.C. U.S. Rep. Susie Lee (Nev.-03) helped the House of Representatives passthe bipartisan Insider Trading Prohibition Act, H.R. 2534, introduced by Rep. Jim Himes (Conn.-04). For decades, the crime of insider trading has remained ambiguously defined under federal law. This bill would explicitly prohibit and codify illegal insider trading as trading a security based on material, nonpublic information that was wrongfully obtained. Insider trading has rigged the system in favor of shady investors and at the expense of hard-working, honest investors, said Rep. Lee. Fordecades, these scammershave taken advantage of the fact that insider trading is not clearly defined or strongly enforced. The bipartisan Insider Trading Prohibition Act changes that by making it clear to all would-be fraudsters that Democrats and Republicans in Congress will not turn its back on serious crimes that hurt our economy and working families. BACKGROUND:In May 2019, the House Financial Services Committeeunanimously passedthe Insider Trading Prohibition Act, with overwhelming support from both Republicans and Democrats on the committee. Clickhereto read the Congressional Budget Office (CBO) report of the Insider Trading Prohibition Act. ### 1 2026-03-30T12:14:52Z 2026-03-30T12:14:52Z
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