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POSITIVE Money in Politics & Finance 118th Congress

H.R.345 TRUST in Congress Act

TRUST in Congress Act — bans sitting members of Congress and their families from trading individual stocks while in office (118th Congress)

View on Congress.gov

Legal & Constitutional Grounding

STOCK Act (2012) prohibits congressional insider trading but documented trading patterns show enforcement gaps.

STOCK Act, Pub. L. 112-105 (2012) — prohibits insider trading by members of Congress
  • 15 U.S.C. § 78u-1 — Securities Exchange Act insider trading provisions
  • Unusual Whales (2024): 97 members of Congress made stock trades in companies affected by their committee work

Bill activity

Introduced Jan 12, 2023 by Abigail Davis Spanberger (D-VA) with 37 original cosponsors. 80 cosponsors as of Dec 18, 2024.

Rep. Pat Ryan (D-NY-18) is not listed among the cosponsors of this bill.
  1. IntroducedJan 12, 2023
  2. Passed House 
  3. Passed Senate 
  4. To President 
  5. Became Law 

Latest action Jan 12, 2023: Referred to the House Committee on House Administration.

Cosponsors during the cosponsorship window

118th Congress (Jan 2023 to Jan 2025)

Apr 2023JunJulAugSepOctNovDecFeb 2024AprMayJunJulAugSepOctNovDecJan 12, 2023Jan 3, 2025 (closed)37 originalAdam B. Schiff (D-CA-28). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Angie Craig (D-MN-2). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Betty McCollum (D-MN-4). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Brian K. Fitzpatrick (R-PA-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Chellie Pingree (D-ME-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Chip Roy (R-TX-21). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Chris Pappas (D-NH-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Chrissy Houlahan (D-PA-6). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Daniel T. Kildee (D-MI-8). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Dean Phillips (D-MN-3). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Derek Kilmer (D-WA-6). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Dina Titus (D-NV-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Dusty Johnson (R-SD). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Elissa Slotkin (D-MI-7). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Emanuel Cleaver (D-MO-5). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Grace Meng (D-NY-6). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Haley M. Stevens (D-MI-11). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Jared F. Golden (D-ME-2). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Jason Crow (D-CO-6). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Jerrold Nadler (D-NY-12). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Joe Courtney (D-CT-2). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Josh Gottheimer (D-NJ-5). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Katie Porter (D-CA-47). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Madeleine Dean (D-PA-4). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Marie Gluesenkamp Perez (D-WA-3). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Mary Gay Scanlon (D-PA-5). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Matt Gaetz (R-FL-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Michael Cloud (R-TX-27). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Nikema Williams (D-GA-5). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Paul Tonko (D-NY-20). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Pete Sessions (R-TX-17). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Raúl M. Grijalva (D-AZ-7). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Scott Perry (R-PA-10). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Seth Magaziner (D-RI-2). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Susan Wild (D-PA-7). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Teresa Leger Fernandez (D-NM-3). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Young Kim (R-CA-40). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Donald S. Beyer Jr. (D-VA-8). Cosponsored Jan 17, 2023, 5 days after introduction.Joe Neguse (D-CO-2). Cosponsored Jan 17, 2023, 5 days after introduction.Ruben Gallego (D-AZ-3). Cosponsored Jan 17, 2023, 5 days after introduction.Wiley Nickel (D-NC-13). Cosponsored Jan 17, 2023, 5 days after introduction.Greg Stanton (D-AZ-4). Cosponsored Jan 20, 2023, 8 days after introduction.Jeff Jackson (D-NC-14). Cosponsored Jan 20, 2023, 8 days after introduction.Mike Levin (D-CA-49). Cosponsored Jan 20, 2023, 8 days after introduction.Robert Garcia (D-CA-42). Cosponsored Jan 20, 2023, 8 days after introduction.Val T. Hoyle (D-OR-4). Cosponsored Jan 25, 2023, 13 days after introduction.Eleanor Holmes Norton (D-DC). Cosponsored Jan 26, 2023, 14 days after introduction.Marcus J. Molinaro (R-NY-19). Cosponsored Jan 26, 2023, 14 days after introduction.Ro Khanna (D-CA-17). Cosponsored Jan 27, 2023, 15 days after introduction.Elijah Crane (R-AZ-2). Cosponsored Feb 7, 2023, 26 days after introduction.Alma S. Adams (D-NC-12). Cosponsored Feb 10, 2023, 29 days after introduction.Suzan K. DelBene (D-WA-1). Cosponsored Feb 27, 2023, 46 days after introduction.Gregory F. Murphy (R-NC-3). Cosponsored Mar 29, 2023, 76 days after introduction.Juan Ciscomani (R-AZ-6). Cosponsored Apr 6, 2023, 84 days after introduction.Zachary Nunn (R-IA-3). Cosponsored Apr 19, 2023, 97 days after introduction.Brittany Pettersen (D-CO-7). Cosponsored Apr 20, 2023, 98 days after introduction.Nancy Mace (R-SC-1). Cosponsored Apr 20, 2023, 98 days after introduction.William R. Keating (D-MA-9). Cosponsored May 22, 2023, 130 days after introduction.John Joyce (R-PA-13). Cosponsored May 24, 2023, 132 days after introduction.Christopher R. Deluzio (D-PA-17). Cosponsored May 25, 2023, 133 days after introduction.Gabe Vasquez (D-NM-2). Cosponsored Jun 16, 2023, 155 days after introduction.Mark Pocan (D-WI-2). Cosponsored Jun 16, 2023, 155 days after introduction.Frank J. Mrvan (D-IN-1). Cosponsored Aug 22, 2023, 222 days after introduction.Yadira Caraveo (D-CO-8). Cosponsored Aug 22, 2023, 222 days after introduction.Donald G. Davis (D-NC-1). Cosponsored Nov 7, 2023, 299 days after introduction.Sharice Davids (D-KS-3). Cosponsored Nov 7, 2023, 299 days after introduction.Greg Casar (D-TX-35). Cosponsored Nov 30, 2023, 322 days after introduction.Eric Sorensen (D-IL-17). Cosponsored Dec 7, 2023, 329 days after introduction.Jared Huffman (D-CA-2). Cosponsored Dec 12, 2023, 334 days after introduction.Barbara Lee (D-CA-12). Cosponsored Jan 31, 2024, 384 days after introduction.David J. Trone (D-MD-6). Cosponsored Jan 31, 2024, 384 days after introduction.Cory Mills (R-FL-7). Cosponsored Feb 6, 2024, 390 days after introduction.Mark DeSaulnier (D-CA-10). Cosponsored Feb 7, 2024, 391 days after introduction.Michael Lawler (R-NY-17). Cosponsored May 24, 2024, 498 days after introduction.Colin Z. Allred (D-TX-32). Cosponsored Jul 10, 2024, 545 days after introduction.Andrea Salinas (D-OR-6). Cosponsored Jul 30, 2024, 565 days after introduction.Thomas H. Kean (R-NJ-7). Cosponsored Jul 30, 2024, 565 days after introduction.Greg Landsman (D-OH-1). Cosponsored Aug 6, 2024, 572 days after introduction.Mikie Sherrill (D-NJ-11). Cosponsored Aug 30, 2024, 596 days after introduction.Morgan McGarvey (D-KY-3). Cosponsored Dec 18, 2024, 706 days after introduction. Jul 2023NovMar 2024JulOctJan 12, 2023Jan 3, 2025 (closed)37 originalAdam B. Schiff (D-CA-28). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Angie Craig (D-MN-2). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Betty McCollum (D-MN-4). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Brian K. Fitzpatrick (R-PA-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Chellie Pingree (D-ME-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Chip Roy (R-TX-21). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Chris Pappas (D-NH-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Chrissy Houlahan (D-PA-6). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Daniel T. Kildee (D-MI-8). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Dean Phillips (D-MN-3). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Derek Kilmer (D-WA-6). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Dina Titus (D-NV-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Dusty Johnson (R-SD). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Elissa Slotkin (D-MI-7). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Emanuel Cleaver (D-MO-5). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Grace Meng (D-NY-6). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Haley M. Stevens (D-MI-11). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Jared F. Golden (D-ME-2). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Jason Crow (D-CO-6). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Jerrold Nadler (D-NY-12). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Joe Courtney (D-CT-2). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Josh Gottheimer (D-NJ-5). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Katie Porter (D-CA-47). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Madeleine Dean (D-PA-4). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Marie Gluesenkamp Perez (D-WA-3). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Mary Gay Scanlon (D-PA-5). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Matt Gaetz (R-FL-1). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Michael Cloud (R-TX-27). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Nikema Williams (D-GA-5). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Paul Tonko (D-NY-20). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Pete Sessions (R-TX-17). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Raúl M. Grijalva (D-AZ-7). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Scott Perry (R-PA-10). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Seth Magaziner (D-RI-2). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Susan Wild (D-PA-7). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Teresa Leger Fernandez (D-NM-3). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Young Kim (R-CA-40). Cosponsored Jan 12, 2023, on the day of introduction. Original cosponsor.Donald S. Beyer Jr. (D-VA-8). Cosponsored Jan 17, 2023, 5 days after introduction.Joe Neguse (D-CO-2). Cosponsored Jan 17, 2023, 5 days after introduction.Ruben Gallego (D-AZ-3). Cosponsored Jan 17, 2023, 5 days after introduction.Wiley Nickel (D-NC-13). Cosponsored Jan 17, 2023, 5 days after introduction.Greg Stanton (D-AZ-4). Cosponsored Jan 20, 2023, 8 days after introduction.Jeff Jackson (D-NC-14). Cosponsored Jan 20, 2023, 8 days after introduction.Mike Levin (D-CA-49). Cosponsored Jan 20, 2023, 8 days after introduction.Robert Garcia (D-CA-42). Cosponsored Jan 20, 2023, 8 days after introduction.Val T. Hoyle (D-OR-4). Cosponsored Jan 25, 2023, 13 days after introduction.Eleanor Holmes Norton (D-DC). Cosponsored Jan 26, 2023, 14 days after introduction.Marcus J. Molinaro (R-NY-19). Cosponsored Jan 26, 2023, 14 days after introduction.Ro Khanna (D-CA-17). Cosponsored Jan 27, 2023, 15 days after introduction.Elijah Crane (R-AZ-2). Cosponsored Feb 7, 2023, 26 days after introduction.Alma S. Adams (D-NC-12). Cosponsored Feb 10, 2023, 29 days after introduction.Suzan K. DelBene (D-WA-1). Cosponsored Feb 27, 2023, 46 days after introduction.Gregory F. Murphy (R-NC-3). Cosponsored Mar 29, 2023, 76 days after introduction.Juan Ciscomani (R-AZ-6). Cosponsored Apr 6, 2023, 84 days after introduction.Zachary Nunn (R-IA-3). Cosponsored Apr 19, 2023, 97 days after introduction.Brittany Pettersen (D-CO-7). Cosponsored Apr 20, 2023, 98 days after introduction.Nancy Mace (R-SC-1). Cosponsored Apr 20, 2023, 98 days after introduction.William R. Keating (D-MA-9). Cosponsored May 22, 2023, 130 days after introduction.John Joyce (R-PA-13). Cosponsored May 24, 2023, 132 days after introduction.Christopher R. Deluzio (D-PA-17). Cosponsored May 25, 2023, 133 days after introduction.Gabe Vasquez (D-NM-2). Cosponsored Jun 16, 2023, 155 days after introduction.Mark Pocan (D-WI-2). Cosponsored Jun 16, 2023, 155 days after introduction.Frank J. Mrvan (D-IN-1). Cosponsored Aug 22, 2023, 222 days after introduction.Yadira Caraveo (D-CO-8). Cosponsored Aug 22, 2023, 222 days after introduction.Donald G. Davis (D-NC-1). Cosponsored Nov 7, 2023, 299 days after introduction.Sharice Davids (D-KS-3). Cosponsored Nov 7, 2023, 299 days after introduction.Greg Casar (D-TX-35). Cosponsored Nov 30, 2023, 322 days after introduction.Eric Sorensen (D-IL-17). Cosponsored Dec 7, 2023, 329 days after introduction.Jared Huffman (D-CA-2). Cosponsored Dec 12, 2023, 334 days after introduction.Barbara Lee (D-CA-12). Cosponsored Jan 31, 2024, 384 days after introduction.David J. Trone (D-MD-6). Cosponsored Jan 31, 2024, 384 days after introduction.Cory Mills (R-FL-7). Cosponsored Feb 6, 2024, 390 days after introduction.Mark DeSaulnier (D-CA-10). Cosponsored Feb 7, 2024, 391 days after introduction.Michael Lawler (R-NY-17). Cosponsored May 24, 2024, 498 days after introduction.Colin Z. Allred (D-TX-32). Cosponsored Jul 10, 2024, 545 days after introduction.Andrea Salinas (D-OR-6). Cosponsored Jul 30, 2024, 565 days after introduction.Thomas H. Kean (R-NJ-7). Cosponsored Jul 30, 2024, 565 days after introduction.Greg Landsman (D-OH-1). Cosponsored Aug 6, 2024, 572 days after introduction.Mikie Sherrill (D-NJ-11). Cosponsored Aug 30, 2024, 596 days after introduction.Morgan McGarvey (D-KY-3). Cosponsored Dec 18, 2024, 706 days after introduction.
Democratic 62 · Republican 18

Each dot is one cosponsor. Dots stack by sign-on day, or by week when the window is long. The block at the left holds the original cosponsors.

Cosponsorship closed Jan 3, 2025 (118th Congress): the Congress ended with the bill still in committee.

Activity log

Source: Congress.gov actions
  1. Introduced in House
  2. Referred to the House Committee on House Administration.
  3. 49 members cosponsored in Jan 2023
  4. 3 members cosponsored in Feb 2023
  5. Gregory F. Murphy cosponsored (R-NC)
  6. 4 members cosponsored in Apr 2023
  7. 3 members cosponsored in May 2023
  8. 2 members cosponsored in Jun 2023
  9. 2 members cosponsored in Aug 2023
  10. 3 members cosponsored in Nov 2023
  11. 2 members cosponsored in Dec 2023
  12. 2 members cosponsored in Jan 2024
    • Barbara Lee D-CA, Jan 31
    • David J. Trone D-MD, Jan 31
  13. 2 members cosponsored in Feb 2024
  14. Michael Lawler cosponsored (R-NY)
  15. 3 members cosponsored in Jul 2024
  16. 2 members cosponsored in Aug 2024
  17. Morgan McGarvey cosponsored (D-KY)

Votes on this bill

No recorded votes yet on this measure.

Cosponsors

80 cosponsored

Sponsor Introduced by Abigail Davis Spanberger (D-VA) on Jan 12, 2023

MemberParty/StateDateDays after introductionOriginalGrade
Adam B. SchiffD-CAJan 12, 20230Original—
Angie CraigD-MNJan 12, 20230OriginalC+
Betty McCollumD-MNJan 12, 20230OriginalB
Brian K. FitzpatrickR-PAJan 12, 20230OriginalF
Chellie PingreeD-MEJan 12, 20230OriginalB
Chip RoyR-TXJan 12, 20230OriginalF
Chris PappasD-NHJan 12, 20230OriginalC-
Chrissy HoulahanD-PAJan 12, 20230OriginalC-
Daniel T. KildeeD-MIJan 12, 20230Original—
Dean PhillipsD-MNJan 12, 20230Original—
Derek KilmerD-WAJan 12, 20230Original—
Dina TitusD-NVJan 12, 20230OriginalC+
Dusty JohnsonR-SDJan 12, 20230OriginalF
Elissa SlotkinD-MIJan 12, 20230Original—
Emanuel CleaverD-MOJan 12, 20230OriginalC+
Grace MengD-NYJan 12, 20230OriginalC+
Haley M. StevensD-MIJan 12, 20230OriginalC-
Jared F. GoldenD-MEJan 12, 20230OriginalC
Jason CrowD-COJan 12, 20230OriginalB+
Jerrold NadlerD-NYJan 12, 20230OriginalB
Joe CourtneyD-CTJan 12, 20230OriginalB
Josh GottheimerD-NJJan 12, 20230OriginalD
Katie PorterD-CAJan 12, 20230Original—
Madeleine DeanD-PAJan 12, 20230OriginalB
Marie Gluesenkamp PerezD-WAJan 12, 20230OriginalC-
Mary Gay ScanlonD-PAJan 12, 20230OriginalB
Matt GaetzR-FLJan 12, 20230Original—
Michael CloudR-TXJan 12, 20230OriginalF
Nikema WilliamsD-GAJan 12, 20230OriginalB+
Paul TonkoD-NYJan 12, 20230OriginalB+
Pete SessionsR-TXJan 12, 20230OriginalF
Raúl M. GrijalvaD-AZJan 12, 20230Original—
Scott PerryR-PAJan 12, 20230OriginalF
Seth MagazinerD-RIJan 12, 20230OriginalC+
Susan WildD-PAJan 12, 20230Original—
Teresa Leger FernandezD-NMJan 12, 20230OriginalB
Young KimR-CAJan 12, 20230OriginalF
Donald S. Beyer Jr.D-VAJan 17, 20235B
Joe NeguseD-COJan 17, 20235A-
Ruben GallegoD-AZJan 17, 20235—
Wiley NickelD-NCJan 17, 20235—
Greg StantonD-AZJan 20, 20238D
Jeff JacksonD-NCJan 20, 20238—
Mike LevinD-CAJan 20, 20238C
Robert GarciaD-CAJan 20, 20238C+
Val T. HoyleD-ORJan 25, 202313B
Eleanor Holmes NortonD-DCJan 26, 202314—
Marcus J. MolinaroR-NYJan 26, 202314—
Ro KhannaD-CAJan 27, 202315C+
Elijah CraneR-AZFeb 7, 202326F
Alma S. AdamsD-NCFeb 10, 202329B
Suzan K. DelBeneD-WAFeb 27, 202346C
Gregory F. MurphyR-NCMar 29, 202376F
Juan CiscomaniR-AZApr 6, 202384F
Zachary NunnR-IAApr 19, 202397F
Brittany PettersenD-COApr 20, 202398C+
Nancy MaceR-SCApr 20, 202398F
William R. KeatingD-MAMay 22, 2023130B
John JoyceR-PAMay 24, 2023132F
Christopher R. DeluzioD-PAMay 25, 2023133A-
Gabe VasquezD-NMJun 16, 2023155C-
Mark PocanD-WIJun 16, 2023155B
Frank J. MrvanD-INAug 22, 2023222B
Yadira CaraveoD-COAug 22, 2023222—
Donald G. DavisD-NCNov 7, 2023299C-
Sharice DavidsD-KSNov 7, 2023299B
Greg CasarD-TXNov 30, 2023322B+
Eric SorensenD-ILDec 7, 2023329C-
Jared HuffmanD-CADec 12, 2023334B
Barbara LeeD-CAJan 31, 2024384—
David J. TroneD-MDJan 31, 2024384—
Cory MillsR-FLFeb 6, 2024390F
Mark DeSaulnierD-CAFeb 7, 2024391B+
Michael LawlerR-NYMay 24, 2024498F
Colin Z. AllredD-TXJul 10, 2024545—
Andrea SalinasD-ORJul 30, 2024565B
Thomas H. KeanR-NJJul 30, 2024565F
Greg LandsmanD-OHAug 6, 2024572C
Mikie SherrillD-NJAug 30, 2024596C-
Morgan McGarveyD-KYDec 18, 2024706C+

Trust in Congress Act — stock trading restrictions. Documented trading by members with non-public information undermines market integrity and public trust.