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S. 5223 (119th Congress)Committee
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A bill to prohibit the purchase or sale of securities while aware of nonpublic information contained in certain social media accounts controlled by Government officials, and for other purposes.

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Summary

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Based on the bill's title, this legislation would prohibit the purchase or sale of securities by individuals who have access to nonpublic information contained in social media accounts controlled by government officials. The bill appears designed to address insider trading concerns related to information shared through official government social media channels. The bill was referred to the Committee on Banking, Housing, and Urban Affairs for consideration.

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