United States · Bill · S
S. 3990 (117th)
Insider Trading Prohibition Act
Introduced
4 April 2022
Last action
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Status
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2026
Summary
Insider Trading Prohibition Act This bill generally provides statutory authority for the prohibition against securities trading, as well as related communications to others, by a person who has access to material, nonpublic information and is aware or recklessly disregards that the information is material and nonpublic. Further, that person must either be aware or recklessly disregards that the information has been obtained wrongfully or that the trading would be wrongful. The bill also provides, for purposes of establishing a violation of this prohibition, that it is not necessary for such a person to know specifically how such information was obtained or whether a personal benefit was paid or promised.
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 4 April 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 4 April 2022
Introduced in Senate
summary · EN · 4 April 2022
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/3990
- Open data entity: https://api.congress.gov/v3/bill/117/s/3990