45-day reporting window

The STOCK Act requires members of Congress to file a Periodic Transaction Report (PTR) within 45 days of any individual securities transaction over $1,000. The 45-day clock starts on the date of the transaction, NOT the date the member was notified of the trade.

For spouse and dependent trades the member files on the LATER of: 45 days after the trade OR 30 days after the member is notified, with a hard cap of 90 days total.

Late filings carry a nominal $200 penalty per violation. The penalty has been criticized as too low to deter — members earning $174,000+ per year routinely accept the fine rather than file on time. As of 2023, 60+ members of Congress had been found in violation since the STOCK Act took effect.

Disclosed Capitol's compliance-gap alerts flag members whose disclosures are 60+ days past the trade date.