Social Media Insider Trading: New Restrictions on Government Posts
A senate committee must act next: committee consideration.
While there is public support for stopping insider trading, many bills like this struggle to get through the committee process without a large group of supporters from both parties.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Because the bill's definition of executive branch employee explicitly includes members of the uniformed services regardless of active duty status, military personnel whose social media accounts are used for official communication could fall under the new trading-related rules. The practical effect on most service members is expected to be minimal since it targets financial trading conduct, not military service itself.
“a member of the uniformed services, as defined in section 2101 of title 5, United States Code, without regard to whether that individual is on active duty”
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes, news coverage, or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
NO PROFIT Act
Analysis generated by AI. Always verify with official sources.