Bloomberg Law
May 13, 2022, 8:04 PM

Stock Ownership Disclosure Database for Judges Now Law

Madison Alder
Madison Alder

Bipartisan legislation requiring greater transparency of federal judges financial disclosures became law Friday.

The Courthouse Ethics and Transparency Act (S. 3059) signed by President Joe Biden requires the Administrative Office of the U.S. Courts to create a searchable database of judicial financial disclosures and make them available online within 90 days of their filing. Securities transactions over $1,000 also must be posted within 45 days of their filing.

The new law comes as lawmakers propose several measures, including code-of-conduct requirements for the Supreme Court, intended to increase transparency and address perceived political influence on the high court.

The ...

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