The “Stop Trading on Congressional Knowledge” STOCK Act made congressional insider trading illegal and imposed online disclosure of personal financial activity by Congress and the executive branch so that compliance to the law could be monitored.
The STOCK Act may have covered too many federal officials and Congress should consider appropriate remedies to change the scope somewhat to apply to appropriate senior-level executive branch employees.
Instead, lawmakers hastily repealed disclosure for all but presidential appointees and members of Congress (S.716).
The purpose of this petition is to ask that the President veto this bill and send it back to Congress with instructions to remedy the STOCK Act, not kill it.