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.
Prohibit the purchase or sale of securities by anyone aware of nonpublic information contained in certain social media accounts controlled by government officials.
Occurrences
Evidence
unverified · Source version 53055 · locator unknown
Last Action Date Listed August 20, 2026 Action Mr. Himes (for himself, Mr. Sherman, Mr. Foster, Mr. Gottheimer, Mr. Casten, and Mr. Liccardo) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and Energy and Commerce
verified · Source version 53057 · locator 164
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.
unverified · Source version 53057 · locator unknown
It shall be unlawful for any person, directly or indirectly, while aware of prioritized covered information and before that information is generally available, to-- (1) purchase, sell, or otherwise enter into a transaction
verified · Source version 53058 · locator 1422
Today, Representative Jim Himes (CT-04), a senior member of the House Financial Services Committee (FSC), introduced the No Preferential Release of Federal Information for Transactions (NO PROFIT) Act
verified · Source version 53058 · locator 5296
The legislation would make it illegal for a person to knowingly trade in securities, commodities, swaps, or prediction market contracts if the person is doing so on the basis of material information obtained through prioritized access to an account.
Assessments
The verified commitment is an outcome promise to make the covered securities transactions prohibited, not merely to introduce a bill. Verified evidence shows Himes introduced the NO PROFIT Act and that the legislation would create the prohibition, but the available verified passages show only introduced/prospective legislation, not enactment or an operative legal prohibition as of 2026-09-14. The effort is attributable to Himes because the verified passage identifies him as introducing the bill.