Steve Cohen
Suspicious Timing Detected
5 flagsRep. Cohen sold $50,001 - $100,000 in $MS and $15,001 - $50,000 in $GS on 2025-12-17, 54 days before the Affordable Housing Bond Enhancement Act (HR7414) was introduced, a bill referred to the House Committee on.
Rep. Cohen sold $50,001 - $100,000 in $MS and $15,001 - $50,000 in $GS on 2025-12-17, 56 days before the PROTECT Taiwan Act (HR1531) was reported by the House Financial Services Committee, a bill mandating.
Rep. Cohen sold $50,001 - $100,000 in $MS on 2025-12-17, 57 days before the Pensions for All Act (HR7556) was introduced, a bill that mandates employer-provided retirement plans.
These flags identify timing coincidences between stock trades and legislative activity. They do not imply wrongdoing. Click any bill number or ticker to see the full analysis.
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All Transactions
| Type | Ticker | Asset | Amount | Trade Price | Current | Change | Date |
|---|---|---|---|---|---|---|---|
| PARTIAL SELL | $MS | Morgan Stanley Common Stock | $50K-$100K | — | — | — | Dec 17, 2025 |
| PARTIAL SELL | $OZKAP | Bank OZK - 4.625% Series A Non-Cumulative Perpetual Preferred Stock(Preferred Stock) | $15K-$50K | — | — | — | Dec 17, 2025 |
| PARTIAL SELL | $GS | Goldman Sachs Group, Inc. | $15K-$50K | — | — | — | Dec 17, 2025 |
| PARTIAL SELL | $GS | Goldman Sachs Group, Inc. | $15K-$50K | — | — | — | Dec 17, 2025 |
| SELL | $RFI | Cohen & Steers Total Return Realty Fund, Inc. Common Stock | $1K-$15K | — | — | — | Dec 17, 2025 |
Connected Legislative Activity
10 signalsThese bills and contracts share tickers or sectors with this filing's trades.
To prohibit stock sales by senior bank executives in certain circumstances.
HR7887, the Incentivizing Safe and Sound Banking Act, has been introduced and referred to the House Committee on Financial Services. This bill aims to restrict stock sales by senior bank executives under specific regulatory conditions. Despite the bill's introduction, major bank stocks $JPM, $BAC, $WFC, $C, $GS, and $MS have all shown positive 7-day changes, indicating the market is not currently pricing in potential impacts from this early-stage legislation.
A bill to amend the Internal Revenue Code of 1986 to impose an annual tax on the net value of assets held by a taxpayer, and for other purposes.
S.3956, the "Make Billionaires Pay Their Fair Share Act," proposes an annual wealth tax on high-net-worth individuals, which could lead to capital reallocation and increased tax liabilities for those affected. The bill is in the early stages, having been referred to the Committee on Finance, and its provisions for affordability rebates, healthcare, housing, childcare, and teacher salaries are contingent on the wealth tax's implementation. Recent market data shows varied performance among major companies, with some tech and financial stocks experiencing positive 7-day changes, while Berkshire Hathaway shows a slight increase over the same period.
To provide Federal financial regulators with clawback authority over executive compensation and additional industry prohibition and civil money penalty authority with respect to executives whose negligence caused financial loss to the applicable financial institution, and for other purposes.
HR7886, a bill proposing increased regulatory authority over executive compensation in financial institutions, was introduced on March 9, 2026, and is currently in the early stages of the legislative process. Despite the potential for increased regulatory risk, major financial stocks have shown positive 7-day price changes as of April 6, 2026, indicating no immediate negative market reaction to this development.
Restoring the Secondary Trading Market Act
HR7127, the Restoring the Secondary Trading Market Act, directly increases liquidity and trading volume in the off-exchange secondary debt market by removing state-level regulatory burdens. This legislative action benefits financial exchanges and large institutional broker-dealers by streamlining operations and reducing compliance costs. The bill's passage through committee and placement on the Union Calendar indicates strong momentum for enactment.
Regulation A+ Improvement Act of 2026
The Regulation A+ Improvement Act of 2026 triples the maximum offering amount for Regulation A+ offerings to $150 million, adjusted for inflation, directly expanding capital formation for small and medium-sized enterprises. This legislation significantly increases transaction volume for investment banks and crowdfunding platforms facilitating these offerings. Retail investors gain access to a larger pool of private investment opportunities.
Public Company Advisory Committee Act of 2026
HR6967 establishes a Public Company Advisory Committee within the SEC, providing a formal channel for large public companies to directly influence regulatory policy. This creates a structured dialogue between the SEC and major corporations, streamlining future regulatory adjustments. Financial market infrastructure providers and data companies will experience increased engagement requirements.
Pensions for All Act
The Pensions for All Act (HR7556) mandates employer-provided retirement plans, which would significantly expand the addressable market for financial services and fintech companies. The bill is in the early stages of the legislative process, having been introduced and referred to three House committees on February 12, 2026, with a companion bill (S2335) in the Senate. While the bill creates a new revenue stream for asset managers and payment processors, its current early stage means immediate market impact is limited.
PROTECT Taiwan Act
The PROTECT Taiwan Act (HR1531) has been reported by the House Financial Services Committee, indicating legislative progress for a bill that mandates U.S. action to exclude China from international financial organizations if China threatens Taiwan. This bill introduces geopolitical risk for global financial institutions and uncertainty for technology firms reliant on cross-border financial flows. Financial stocks like Citigroup ($C) and Goldman Sachs ($GS) have shown strong 7-day gains of +9.41% and +7.24% respectively, while payment processors PayPal ($PYPL), Visa ($V), and Mastercard ($MA) have seen more modest 7-day gains but negative 30-day changes.
Main Street Capital Access Act
The Main Street Capital Access Act, HR6955, significantly deregulates the banking sector, increasing lending capacity and profitability for financial institutions. This bill's passage out of committee indicates high legislative momentum, directly benefiting banks and fintech companies.
Affordable Housing Bond Enhancement Act
The Affordable Housing Bond Enhancement Act, HR7414, is in the early stages of the legislative process, having been referred to the House Committee on Ways and Means on February 9, 2026. While the bill aims to expand tax-exempt mortgage revenue bonds, its current status as 'Referred to committee' indicates no immediate market impact. Homebuilder stocks like $LEN, $DHI, $PHM, and $KBH have experienced 30-day declines, while financial institutions such as $BAC, $WFC, $JPM, $MS, and $GS show mixed 30-day performance.
Data sourced from the U.S. House of Representatives Office of the Clerk Financial Disclosure system. Stock prices from Financial Modeling Prep. Suspicious timing flags identify coincidences between stock trades and legislative activity and do not imply any wrongdoing or illegal activity. This is not financial advice.