Abstract
Congress is taking another look at the Stop Trading on Congressional Knowledge Act (S. 2038) enacted earlier this year that is primarily aimed at preventing insider trading by lawmakers. The concern lies with a provision in the law to extend public financial disclosure requirements to government scientists and thousands of other federal employees. Lawmakers are responding to fears relating to the required Internet posting of disclosure information. Opponents argue that open access to such data would inadvertently reveal the identity of U.S. intelligence operatives and put diplomats and military officials in jeopardy. Executive branch employees are also complaining that publicly exposing their personal financial data unfairly invades their privacy and would increase the risk of identity theft. The financial disclosure information was originally set to post on the Internet at the end of August. But the posting was put on hold by a measure (S. 3510) unanimously passed by the ...
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
