Guides
How congressional stock disclosure actually works
Every figure this site publishes comes from a document the law requires. These guides explain that law, the form it produces, and the three or four things almost everyone gets wrong about the numbers on it. No filings needed — all of this is true today.
Start here
5 guides- The STOCK Act, explained3 minWhat the 2012 law actually requires members of Congress to disclose, who it covers, and the three things people most often get wrong about it.
- The 45-day rule, and what a late filing actually costs3 minHow the 30-day notification and 45-day transaction deadlines interact, what the House late-fee rules say, and why a timing flag is not a penalty record.
- How congressional disclosure amounts are reported3 minThe standard form uses ten brackets; rare amended filings can state an exact value. Here is what the source says and what must be estimated.
- What a disclosed trade estimate can and cannot tell you3 minA worked hypothetical shows why an amount-range midpoint is not an execution price, verified holding, or realized profit.
- How to read a periodic transaction report3 minEvery field on the form, which three actually matter, and the two that are most often misread.
How these are written
Legal requirements link to official sources at the foot of each guide. Product behavior and hypothetical examples are identified separately. Where a rule has exceptions or discretion — fee waivers, for instance — the guide explains the limits. These are general explanations of a public disclosure law, not legal or investment advice.