STOCK Act Deadline Pushed Back Amid Worker Privacy Fears

Law360, New York (August 3, 2012, 2:38 PM EDT) -- Congress voted Thursday to extend the deadline by which senior government officials must disclose information about their financial transactions online under a new bill banning government insider trading, responding to concerns that the law may violate the privacy of federal workers.

The House and Senate passed an amendment to the Stop Trading on Congressional Knowledge Act, or STOCK Act, which banned trades based on nonpublic information and was going to require members of Congress and their staffs to disclose some personal financial data by Aug. 31. ...
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