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Browse: Home / 2013 / November / 07 / House Ethics Committee Warns Congress: No Shares in Twitter IPO for You! – Compliance Week

House Ethics Committee Warns Congress: No Shares in Twitter IPO for You! – Compliance Week

By Securities Docket on November 7, 2013, 9:06 am

Shortly before today’s highly-anticipated IPO of Twitter, the House Committee on Ethics issued a reminder that under the “Stop Trading on Congressional Knowledge” Act (STOCK Act), members, officers, and employees of Congress are prohibited from participating in IPOs in a manner “other than is available to members of the public generally.”

via House Ethics Committee Warns Congress: No Shares in Twitter IPO for You! – Compliance Week

Posted in Industry, SEC, Top | Tagged STOCK Act, Twitter, US Congress

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