Even during the shutdown, members of Congress are filing periodic reports on their stock transactions and changes to their annual personal financial statements.
The annual personal financial statement is required by the Ethics in Government Act. Sen. Ted Cruz, R-Texas, filed an amendment on 10/8, reducing the 2012 ending value of a joint money market at Goldman Sachs to between $250,001 to $500,000. An earlier amendment filed on 10/1 had listed the value at $500,001 to $1 million. View earlier posting.
The stock transaction reports are required by the Stop Trading On Congressional Knowledge (STOCK) Act, and applies to all members of Congress, including Sen. John D. Rockefeller, D-W.Va. He reported his spouse bought between $100,001 and $250,000 worth of The Carlyle Group LP on June 26.
Rep. Chellie Pingree, D-Maine, reported her spouse bought over $1,000,001 worth of Cathay Capital Holdings III, LP on 9/10. He also bought over $1,000,001 worth of Sequentia Diversified U.S. Fund LLC on 9/24.