New York Stock Act prohibits public officers and employees from using nonpublic information for personal benefit.

The New York Stock Act, enacted as Article 7-A in the Public Officers Law, prohibits public officers and employees from using nonpublic information derived from their official positions for personal benefit. It applies to members of the legislature, employees of the legislature, executive branch employees, judicial officers, and judicial employees. The act also prohibits insider trading and restricts participation in initial public offerings.

New York Stock Act prohibits public officers and employees from using nonpublic information for personal benefit.

The New York Stock Act, enacted as Article 7-A in the Public Officers Law, prohibits public officers and employees from using nonpublic information derived from their official positions for personal benefit. It applies to members of the legislature, employees of the legislature, executive branch employees, judicial officers, and judicial employees. The act also prohibits insider trading and restricts participation in initial public offerings.