Larsen Votes to Prevent Insider Trading by Government Officials

Press Release

Date: Feb. 9, 2012
Location: Washington, DC

Rep. Rick Larsen, WA-02, today voted in support of the STOCK Act, which would clarify current prohibitions against insider trading on non-public information by lawmakers, administration officials and senior staff of the legislative, executive and judicial branches of government. The bill would also impose new disclosure requirements for lawmakers to report any stock or securities transactions within 45 days of when the transaction occurs. Larsen is a co-sponsor of the bill.

"With this vote, Congress is making a strong statement that we will not tolerate public officials using their positions for personal financial gain," Larsen said. "I co-sponsored and voted for this bill because I believe strongly that we need to work hard to earn the public's trust and make it clear that I and every other government official play by the same rules as everyone else."


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