STOCK Act disclosure deadlines

The STOCK Act sets a reporting window, not an instant-disclosure rule. For many filers, a qualifying transaction must be reported within 30 days of notification, and no later than 45 days after the transaction.

The 30 and 45-day rule

Two clocks apply. A filer must report within 30 days of being notified of a transaction, but in all cases no later than 45 days after the transaction took place. Whichever comes first sets the practical deadline.

Why your alert arrives after the trade

Because the reporting window can run to 45 days, a trade often becomes public weeks after it happened. It looks like this: a politician trades, the filing is submitted within the window, the filing is published, and only then can anyone - including Capitol Gains - see it.

What this means for you

Capitol Gains alerts you as soon as a trade is reported publicly, which is the earliest the information legally exists in the public record. It is not a feed of live trades, and it is not investment advice.

Common questions

How quickly must a member of Congress report a trade?
For many filers, within 30 days of notification and no later than 45 days after the transaction.