Replies to post #513296 on NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

“The short answer is that Members must report their spouses’ stock transactions as well as their own. But, given the twists and turns that have led to that result, I can understand your confusion.

The requirement to make timely disclosures of stock transactions appears in the Stop Trading on Congressional Knowledge Act. Since its enactment, much of the coverage of the STOCK Act has focused on its so-called ban on insider trading by Members and staffers. A lesser-known aspect of the act is that it imposes new disclosure requirements on Members.

Specifically, Members must file a periodic transaction report whenever they engage in a personal financial transaction valued at more than $1,000 in stocks, bonds and certain other types of securities. The PTR must be filed within 30 days of when a Member becomes aware of a reportable transaction, or no later than 45 days after the date of the transaction, regardless of when the Member becomes aware of it. The new requirements also apply to many senior staffers. You may want to check whether it applies to you.

The law directed the House and Senate Ethics committees to issue guidance on how to comply with the law’s provisions, including reporting transactions. In June, the committees did just that.”

https://rollcall.com/2012/10/15/must-members-report-spouses-stock-trades/

So far, no known violations by Pelosi that I am aware of. Implied bad acts are not the same as actual bad acts. People like to implicate people by the mere existence of there being a proper report of actual trades. That actually reflects compliance with the law and the law’s requirements, not non-compliance.

If there were anything real, given the spotlight in it by certain segments, we’d have heard long ago about some infraction whether serious or not.