Amendment ID: S11-12

Amendment 12

Strengthening the Prohibition of the Use of Information for Personal Financial Gain

Messrs. Keenan and O'Connor move to amend the report in Joint Rule 2A by striking the first paragraph and inserting in place thereof the following paragraph:- “No member of either branch shall purchase or sell, directly or indirectly, the stock or other securities of any corporation or association knowing that there is pending before the General Court any measure specially granting to or depriving such corporation or association any immunity, exemption, privilege or benefit or any measure providing for the creation or termination of, or directly affecting any, contractual relations between such corporation or association and the Commonwealth. This rule shall not apply to the purchase of securities issued by the Commonwealth or any political subdivision of the Commonwealth."