As legislation in Congress heats up to ban elected officials from buying and selling stocks, several members have violated the STOCK Act in 2025, failing to disclose their transactions in a timely fashion. Here’s the latest violation.
What Happened: Stocks and options bought by members of Congress continue to gain attention from retail traders, as trades can sometimes be based on inside information or committee assignments.
Other times, the transactions end up showing losses or are done by spouses or portfolio managers, with Congress members having less insight into why trades were made.
For Congresswoman Sheri Biggs (R-S.C.), she may not have been aware of all of the trades made in 2025 by her husband and portfolio managers, but her recent disclosure violated the STOCK Act.
Benzinga reached out to Biggs for comment and did not hear …