Why does a congressional trade show up weeks after it happened?
How STOCK Act disclosure timing works, and why trades show a dollar range.
Members of Congress must disclose the trades the STOCK Act covers, generally within 30 days of being notified of a trade and no later than 45 days after the trade. A trade can reach us weeks after it was made, so "recent" activity means recently disclosed, not recently traded.
When both dates are available, the record shows them and the number of days between them.
Why a trade shows a range instead of an amount
Filings report a dollar range, such as $1,001 to $15,000, not an exact figure. We show that range with its lower and upper bounds. The top bracket is open-ended, so it has no upper bound.
More detail: politician trading reference.
Educational content, not investment advice.
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