A bipartisan group in Congress introduced a bill on May 2 that would prohibit members from trading stocks.
Reps. Matt Gaetz (R-Fla.), Alexandria Ocasio-Cortez (D-N.Y.), Brian Fitzpatrick (R-Pa.), and Raja Krishnamoorthi (D-Ill.) introduced the Bipartisan Restoring Faith in Government Act, which would “restrict trading and ownership of certain financial instruments by members of Congress and their spouses and dependents, and for other purposes.”
Certain financial instruments include securities, security futures, commodities and “any economic interest comparable to an interest … that is acquired through synthetic means, such as the use of a derivative, including an option, warrant, or other similar means,” according to the bill….