Insider Trading Prevention Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 6141 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 6141 To amend title 5, United States Code, to prohibit sale or purchase of covered financial instruments by Members of Congress and their spouses, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 1, 2023 Mr. Fallon introduced the following bill; which was referred to the Committee on House Administration _______________________________________________________________________ A BILL To amend title 5, United States Code, to prohibit sale or purchase of covered financial instruments by Members of Congress and their spouses, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Insider Trading Prevention Act''. SEC. 2. PROHIBITION ON OWNERSHIP OF FINANCIAL INSTRUMENTS. (a) In General.--Chapter 131 of title 5, United States Code, is amended by adding at the end the following: ``SUBCHAPTER IV--PROHIBITION …