S4134-119

In Committee

Stop Insider Trading Act

119th Congress Introduced Mar 18, 2026

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill adds or tightens a compliance mandate, definition change provision: 2, adds or tightens a compliance mandate, definition change provision: 13151, and adds or tightens a compliance mandate provision: 13152. Restrictions on covered investments Except as described in subsection (c), no covered individual may purchase a covered investment. No covered individual may sell. It relies on compliance mandates and definition changes. The main policy areas are Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Adds or tightens a compliance mandate, definition change provision: 2.
  • Adds or tightens a compliance mandate, definition change provision: 13151.
  • Adds or tightens a compliance mandate provision: 13152. Restrictions on covered investments Except as described in subsection (c), no covered individual may purchase a covered investment. No covered individual may sell...
  • Adds or tightens a compliance mandate, definition change provision: 13153.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill adds or tightens a compliance mandate, definition change provision: 2, adds or tightens a compliance mandate, definition change provision: 13151, and adds or tightens a compliance mandate provision: 13152. Restrictions on covered investments Except as described in subsection (c), no covered individual may purchase a covered investment. No covered individual may sell.

Key Policy Areas

Finance

Primary Purpose

The bill adds or tightens a compliance mandate, definition change provision: 2, adds or tightens a compliance mandate, definition change provision: 13151, and adds or tightens a compliance mandate provision: 13152. Restrictions on covered investments Except as described in subsection (c), no covered individual may purchase a covered investment. No covered individual may sell.

Policy Domains

Finance

Legislative Progress

In Committee
Introduced Committee Passed
Mar 18, 2026

Read twice and referred to the Committee on Homeland Security …

Mar 18, 2026

Introduced in Senate

Mar 18, 2026

Mr. Ricketts (for himself, Mr. McCormick, Mr. Husted, Mrs. Fischer, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section
"the_commission"
→ The commission identified in the operative section

Key Definitions

Terms defined in this bill

2 terms
"covered individual" §H3D1AEB4E38514242B4958605158E3996

any of the following: A Member of Congress, as defined in section 13101. A dependent child (as defined in section 13101) or a spouse of a Member of Congress. The term covered investment means— a security issued by a publicly traded company

"covered individual" §HB1CBD6C2B98D4637AF9A646991A2BD1F

any of the following: A Member of Congress, as defined in section 13101. A dependent child (as defined in section 13101) or a spouse of a Member of Congress. The term covered investment means— a security issued by a publicly traded company

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology