PETITION CLOSED

  • The time period for signing this petition has ended.
The U.S. House of Representatives: Stop profiting from insider information! Pass the STOCK Act! (H.R. 1148)
  1. Signatures
    107 out of 100,000
    Petitioning
    1. The U.S. House of Representatives (+ 1 other)
      Petitioning
      close
      • The U.S. House of Representatives
      • Rep. Eric Cantor (VA-07)
  2. Created By
    Kevin Eck
    York, PA
About this Petition Petition Letter Petition Updates

The Stop Trading on Congressional Knowledge (STOCK) Act will make it illegal for anyone, including Congress Members, to buy or sell stocks, securities or commodities based on nonpublic information obtained from a member or employee of Congress. Engaging in "insider trading", or buying and selling stocks based upon information not available to the general public, is illegal for all investors and business executives. Punishments range from years in jail to massive fines. However, the same laws do not apply to members of Congress or their staffs. The STOCK Act will make it illegal for a member or employee of Congress to share nonpublic information if they know that it will be used to conduct trades. A majority of the House now supports the STOCK Act, however it's process has been stalled yet again. The time has come for Congress to pass the STOCK Act, and to start playing by the same rules as the rest of America.

Why People Are Signing
Recent Signatures

Tell Congress to stop stalling and to pass the STOCK Act!

Greetings,

I just signed the following petition addressed to: Tell Congress to pass H.R. 1148, the STOCK Act..

----------------
It's time for Congress to stop stalling and to pass the STOCK Act!

About a month ago the STOCK Act had less than 10 cosponsors. Now, after 60 Minutes reported about the possibility of members trading stocks on inside information, it has over 218 cosponsors, that's more than enough to pass the bipartisan STOCK Act in the House.

Unfortunately, Eric Cantor has blocked the STOCK Act from coming to the floor for a vote. This postponement could put the future of the bill in serious jeopardy.

Any member of Congress should be bound by the same laws as its citizens. The time has come for Congress to pass the STOCK Act, and to start playing by the same rules as the rest of America.



Sincerely,


[Your name]

Press Inquiries