How do members of Congress report their stock trades?
Under the STOCK Act of 2012, members of Congress report trades over $1,000 by them, their spouses and their dependent children in a Periodic Transaction Report, within 30 days of learning of a trade and no later than 45 days after it.
The reports give the asset, the date, whether it was a purchase or a sale, and the amount as a range ($1,001 to $15,000, $15,001 to $50,000, and so on), not an exact figure. House members file with the Clerk of the House, senators with the Senate's Office of Public Records.
The penalty for filing late is usually a $200 fee, so some reports arrive months after the trade. Members also file a yearly financial disclosure listing their holdings.
HedgeFollow collects these reports and shows each member's trades and estimated portfolio.
Related pages: Congress Stock Tracker