US Assails Injunction On Online STOCK Act Disclosures

Law360, New York (October 22, 2012, 9:47 PM EDT) -- The U.S. government asked a Maryland judge Thursday to dismiss an injunction blocking implementation of the STOCK Act, which requires federal employees to disclose their financial holdings online, arguing that the disclosures are already available to the public.

The motion followed a request Thursday from a group of federal employees, represented by the American Civil Liberties Union, asking the judge to extend a Sept. 13, 2012, injunction against the Stop Trading on Congressional Knowledge Act, enacted last April. On Sept. 28, Congress delayed online postings of...
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