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

The Ban Congressional Stock Trading Act mandates that Members of Congress, their spouses, and dependent children divest or place certain assets in qualified blind trusts. New Members must act within 120 days of taking office. Current Members have 30 days from the bill's enactment to certify their compliance. Extensions are allowed up to 180 days, with individual extensions not exceeding 45 days. The bill defines "covered investments" and "qualified blind trusts," and it imposes civil penalties for non-compliance.

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

The Ban Congressional Stock Trading Act mandates that Members of Congress, their spouses, and dependent children divest or place certain assets in qualified blind trusts. New Members must act within 120 days of taking office. Current Members have 30 days from the bill's enactment to certify their compliance. Extensions are allowed up to 180 days, with individual extensions not exceeding 45 days. The bill defines "covered investments" and "qualified blind trusts," and it imposes civil penalties for non-compliance.