House Votes To Delay Enforcement Of STOCK Act

Law360, New York (December 6, 2012, 4:52 PM EST) -- The U.S. House of Representatives voted Wednesday to delay the implementation of a new insider trading law requiring senior government officials to disclose financial information online, prolonging a battle over whether the law violates privacy rights. 

The House pushed the effective date of the Stop Trading On Congressional Knowledge Act, known as STOCK, from Dec. 8 to April 15, allowing time for the completion of a report on the potential harm the law could have on the officials who must report details of their personal finances....
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Case Information

Case Title

Senior Executives Association et al v. United States of America et al


Case Number

8:12-cv-02297

Court

Maryland

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Judge

Alexander Williams, Jr

Date Filed

August 2, 2012

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Government Agencies

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