Ban Congressional Stock Trading Act requires Members of Congress to divest or place certain investments in blind trusts.

The Ban Congressional Stock Trading Act mandates that Members of Congress, their spouses, and dependent children divest or place specific investments in qualified blind trusts. These investments include securities, commodities, futures, and similar economic interests. Exemptions apply to diversified mutual funds, U.S. Treasury securities, and certain retirement plans. The act prohibits new acquisitions of covered investments and mandates reporting and certification processes. Civil penalties apply for non-compliance, and supervising ethics offices are authorized to enforce these provisions.

Ban Congressional Stock Trading Act requires Members of Congress to divest or place certain investments in blind trusts.

The Ban Congressional Stock Trading Act mandates that Members of Congress, their spouses, and dependent children divest or place specific investments in qualified blind trusts. These investments include securities, commodities, futures, and similar economic interests. Exemptions apply to diversified mutual funds, U.S. Treasury securities, and certain retirement plans. The act prohibits new acquisitions of covered investments and mandates reporting and certification processes. Civil penalties apply for non-compliance, and supervising ethics offices are authorized to enforce these provisions.