Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Oversight and Reform, House Administration, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Integrity for Public Officials Act or the IPO Act
This bill prohibits certain senior government officials, including Members of Congress, from engaging in specified transactions.
Specifically, the bill prohibits these individuals from (1) purchasing or selling certain investments in securities, commodities, or futures; (2) entering into a transaction that creates a net short position in a security; or (3) serving as an officer or board member of a for-profit association, corporation, or other entity.
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