House Ethics sets a $1,000 PTR trigger
The House Committee on Ethics says members, officers, and certain employees must file a periodic transaction report for covered securities transactions over $1,000.
The same House PTR guidance covers purchases, sales, and exchanges. It is a disclosure rule, not a ban on owning or trading individual securities.
The disclosure deadline can run 45 days after the trade
House Ethics says the PTR due date is the earlier of two dates: 30 days after the filer becomes aware of the transaction or 45 days after the transaction itself.
A trade can therefore become public weeks after the market move, committee fight, hearing, briefing, or agency decision that gives it political context.
The House late-fee number is $200
The House Ethics Manual says an individual who files a report more than 30 days late must pay a $200 late filing fee, unless the committee waives the fee in exceptional circumstances.
The fee is flat. The manual language does not scale the penalty to the value of the transaction, the size of the filer's portfolio, or the market sensitivity of the officeholder's committee work.
House and Senate reform bills target ownership
Congress.gov says H.R. 5106, the Restore Trust in Congress Act, would prohibit members of Congress and their spouses and dependents from owning or trading stocks.
Congress.gov says S. 1879, the Ban Congressional Stock Trading Act, would require current members to certify compliance within 30 days and divest covered investments or move them into qualified blind trusts within 120 days, subject to extensions.
CRS keeps the question inside the STOCK Act record
The Congressional Research Service summary, 'Taking Stock of the STOCK Act,' places current reform proposals in the same file as disclosure deadlines, blind-trust proposals, and penalties for late or missing reports.
The official paper trail is narrow and testable: PTR threshold, filing window, late fee, disclosure portals, and pending bills that would replace delayed disclosure with ownership limits.
