# 119-s-4134: Stop Insider Trading Act

119-s-4134, Stop Insider Trading Act, is a 119th Congress bill sponsored by Sen. Ricketts, Pete [R-NE] (R-NE); status introduced; PRIA reads it as touching household money (as of 2026-10-03).

- Canonical: https://policyrisk.com/legislation/119-s-4134
- As of: 2026-10-03
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-4134
- Congress: 119
- Title: Stop Insider Trading Act
- Status: introduced
- Introduced: 2026-03-18
- Sponsor: Sen. Ricketts, Pete [R-NE] (R-NE)
- Cosponsors: 16
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2026-10-03

## Summary

**A near-ban on most stock purchases by Members of Congress and their close family members.** This bill would stop covered lawmakers, their spouses, and dependent children from buying individual securities while serving and would require advance public notice for any planned sales. - Covered individuals would be barred from purchasing most publicly traded securities during federal service. Narrow exceptions would allow dividend reinvestment, certain trusts with independent trustees, interests in small businesses, and some pooled funds. - Any sale of a covered investment would need a public notice filed 7 to 14 days before the sale. Notices must list the projected sale date, describe the transaction, and show the number of shares, and they would be posted by the House Clerk or Senate Secretary. - Violations would trigger a fee set by the supervising ethics office equal to $2,000 or 10% of the transaction, whichever is greater, plus any net gains; unpaid fees could be referred to the Attorney General and collected for the Treasury.

## Cosponsors (16)

- Sen. Hoeven, John [R-ND] (R-ND), 2026-09-30T00:00:00.000Z
- Sen. McCormick, David [R-PA] (R-PA), 2026-03-18T00:00:00.000Z
- Sen. Husted, Jon [R-OH] (R-OH), 2026-03-18T00:00:00.000Z
- Sen. Fischer, Deb [R-NE] (R-NE), 2026-03-18T00:00:00.000Z
- Sen. Marshall, Roger [R-KS] (R-KS), 2026-03-18T00:00:00.000Z
- Sen. Cassidy, Bill [R-LA] (R-LA), 2026-03-18T00:00:00.000Z
- Sen. Young, Todd [R-IN] (R-IN), 2026-03-18T00:00:00.000Z
- Sen. Sullivan, Dan [R-AK] (R-AK), 2026-03-24T00:00:00.000Z
- Sen. Grassley, Chuck [R-IA] (R-IA), 2026-04-02T00:00:00.000Z
- Sen. Cramer, Kevin [R-ND] (R-ND), 2026-04-02T00:00:00.000Z
- Sen. Cornyn, John [R-TX] (R-TX), 2026-04-02T00:00:00.000Z
- Sen. Lummis, Cynthia M. [R-WY] (R-WY), 2026-04-02T00:00:00.000Z
- Sen. Daines, Steve [R-MT] (R-MT), 2026-04-02T00:00:00.000Z
- Sen. Risch, James E. [R-ID] (R-ID), 2026-04-02T00:00:00.000Z
- Sen. Britt, Katie Boyd [R-AL] (R-AL), 2026-04-02T00:00:00.000Z
- Sen. Scott, Rick [R-FL] (R-FL), 2026-09-14T00:00:00.000Z

## Provisions PRIA read

- Penalties, guidance, and start date: cost, high. If enacted, supervising ethics offices could assess a fee when a covered person breaks the trading rules. If enacted, the fee would be the greater of $2,000 or 10% of the bad transaction plus any net gain from when the person became a covered individual through disposition. If enacted, purchases ma…
- Trading limits for Members' families: cost, medium. If enacted, the bill would bar Members of Congress, their spouses, and dependent children from buying most public-company securities or related instruments while serving. If enacted, sales of those investments would need a public notice filed 7 to 14 days before the sale with the Clerk of the House…

## Related bills

- 119-s-1071: National Defense Authorization Act for Fiscal Year 2026
- 119-s-1748: Kids Online Safety Act
- 119-s-3752: SAVE America Act
- 119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of 2025
- 119-s-213: Main Street Tax Certainty Act
- 119-s-478: Veterans 2nd Amendment Protection Act of 2025

## Sources
- [119-s-4134 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/4134)

## Related
- [119-s-1071: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-1071)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-186: No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of…](https://policyrisk.com/legislation/119-s-186)
- [119-s-213: Main Street Tax Certainty Act](https://policyrisk.com/legislation/119-s-213)
- [119-s-478: Veterans 2nd Amendment Protection Act of 2025](https://policyrisk.com/legislation/119-s-478)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-4134 (as of 2026-10-03).