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Search Tags:  insider trading

Congress urged to drop online financial reporting for senior execs

A new report says a law requiring the online posting of senior federal executives' financial information would likely impinge on employees' privacy and wouldn't do much to deter conflicts of interest. The National Academy of Public Administration was tasked by Congress with studying the STOCK Act — short for "Stop Trading on Congressional Knowledge" — in response to concerns about privacy and identify theft.

Tags: NAPA , STOCK Act , management , financial disclosure , Congress , oversight , workforce , SES , Jack Moore

Friday - 03/29/2013, 02:25pm EDT
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STOCK Act deterring feds from becoming senior execs, SEA says

Congress has delayed the online financial disclosure requirement of the STOCK Act for a month. But already this provision that affects 28,000 senior members of the executive branch is deterring high-level feds from joining the ranks of senior executives, according to the Senior Executives Association.

Tags: Carol Bonosaro , Senior Executives Association , SES , STOCK Act , financial disclosure , Federal Drive , management , technology , Congress

Monday - 08/06/2012, 04:40pm EDT
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SEA cites identity theft as unintended consequence of STOCK Act

A law Congress passed in April to ban congressional members and federal workers from profiting on non-public information places unnecessary reporting burdens on senior executives and make them vulnerable to identity theft.

Tags: STOCK Act , open government , transparency , Senior Executive Association , ethics bill , Bill Bransford , Jolie Lee

Tuesday - 06/19/2012, 01:14pm EDT
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