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United States · Bill · HR

H.R. 3840 (107th)

Inside Stock Sales Employee Notification Act of 2002

referredUnited States· United States Congress· EN

Introduced

5 March 2002

Last action

21 May 2002 · Referred

Status

Referred to the Subcommittee on Employer-Employee Relations.

Sponsors

Rep. Miller, George [D-CA-11], Rep. Pelosi, Nancy [D-CA-11], Rep. Andrews, Robert E. [D-NJ-1], Rep. Ford, Harold E., Jr. [D-TN-9], Rep. Kildee, Dale E. [D-MI-5], Rep. Kucinich, Dennis J. [D-OH-10], Rep. McCarthy, Carolyn [D-NY-4], Rep. Owens, Major R. [D-NY-11], Rep. Payne, Donald M. [D-NJ-10], Rep. Rivers, Lynn N. [D-MI-13], Rep. Solis, Hilda L. [D-CA-32], Rep. Tierney, John F. [D-MA-6], Rep. Woolsey, Lynn C. [D-CA-6], Rep. Wu, David [D-OR-1], Rep. Jones, Stephanie Tubbs [D-OH-11], Sen. Sanders, Bernard [I-VT], Sen. Brown, Sherrod [D-OH], Rep. Doggett, Lloyd [D-TX-37], Rep. Stark, Fortney Pete [D-CA-13], Sen. Schiff, Adam B. [D-CA], Rep. Sanchez, Loretta [D-CA-46], Rep. Kennedy, Patrick J. [D-RI-1]

Subjects

Discovery layer

Source updated

23 March 2026

Summary

Inside Stock Sales Employee Notification Act of 2002 - Amends the Employee Retirement Income Security Act of 1974 (ERISA ) to require timely written notification of any of insider trading in employer securities to be provided to pension plan participants and beneficiaries whose individual accounts (including those covered by section 401(k) of the Internal Revenue Code) hold employer securities. Requires those engaging in direct or indirect sales of such securities, if they are plan fiduciaries or are required to report such trading to the Securities and Exchange Commission under the Securities Exchange Act of 1934, to report such transactions to the plan administrator not later than one business day after the transaction. Requires the plan administrator to notify plan participants and beneficiaries as soon as practicable, but no later than three business days after receiving notice, if the proceeds from any such transaction or series of transactions exceed in the aggregate $100,000.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 March 2002

    Introduced

    Referred to the House Committee on Education and the Workforce.

    Source: IntroReferral

  2. 5 March 2002

    Introduced

    Sponsor introductory remarks on measure. (CR E255-256)

    Source: IntroReferral

  3. 5 March 2002

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 5 March 2002

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 21 May 2002

    Referred

    Referred to the Subcommittee on Employer-Employee Relations.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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Leesvertaling

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  • Introduced in House (text)

    Introduced in House · EN · 5 March 2002

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 5 March 2002

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 5 March 2002

    Open at official source

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Sponsors

Related records

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Sources

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