Begich Statement on Passage of STOCK Act
Senator’s electronic filing/online posting part of final bill
U.S. Sen. Mark Begich issued the following statement after the Senate today passed the STOCK (Stop Trading on Congressional Knowledge) Act by a vote of 96 to 3.
Sen. Begich co-sponsored the bill:
“Trust and accountability are critical to our role in Congress. I am hopeful passage of the STOCK Act will help us regain the public’s trust and serve as a reminder to all of Congress that our job is to be open, honest, and transparent as we fight for our constituents each and every day.
“While it’s already illegal for members of Congress—and all Americans—to take part in insider trading, this law gives clarity and confirms that anyone who doesn’t follow the rules will be prosecuted.
“I am pleased that my provision requiring members of Congress and their staffs to file financial disclosure forms online so they are easily accessible has now moved forward with this bill. Giving the public access to this information in an easily searchable format is just common sense.”
Posted: February 2, 2012