H.R. 7485, also known as the “Immediate Stock Disclosure Act,” aims to change how quickly government officials must report their financial transactions. The bill requires that officials submit reports no later than 24 hours after being notified to report a transaction, but in...
Simple Explanation
The Immediate Stock Disclosure Act says that government workers have to tell about their money trades much faster now—within one day if they are told to, or at most, three days after they actually make the trades. This way, everyone knows what they're up to almost right away!