The STOCK Act requires every member of the U.S. House and Senate to publicly report trades in their own name and in the name of a spouse or dependent child. Each report is called a periodic transaction report. It states which chamber and member filed it, the ticker, whether the member reported a purchase or disclosed a sale, and a dollar range rather than an exact amount. The law only requires a bracket, never a precise figure.
Up to 45 days after the trade date. A member who trades on the first day of a quarter can legally wait until day 45 to disclose it, so even the newest row in any congressional feed can already describe something that happened over a month ago.
Because 45 days is a ceiling, not a norm. Some members file within days of a trade, others wait until the deadline, and a trade made this week may not show up here for over a month. Any feed with a lookback window will always understate how much trading actually happened in the most recent stretch of it, because some of that activity has not been disclosed yet.
Across all 36839 filings with both dates on record, the median disclosure lag (disclosure date minus transaction date) is 27 days. The slowest 10 percent take 61 days or more.
Source: periodic transaction reports filed by members of the U.S. House and Senate under the STOCK Act, as aggregated by Financial Modeling Prep. Factual public-record data; verify against the filer's original disclosure. Members report a dollar range rather than an exact amount and may file up to 45 days after the transaction, so recent activity is always under-reported.
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Educational research only — not investment advice.