No Insider Trading on National Security Act of 2026
Latest action (20 Aug 2026): Introduced
What this bill does
H.R. 10137, the "No Insider Trading on National Security Act of 2026," would require the Inspector General of the Department of Defense to submit a report to Congress by January 1, 2027, addressing complaints of insider trading on prediction and energy markets that occurred during a military action referred to as Operation Epic Fury. The report would need to detail the number of complaints received, whether they involved members of the Armed Forces, DoD civilian employees, or contractors, and the outcomes of those complaints, including whether allegations were substantiated and what accountability actions, if any, followed. The report must also identify trends in the complaints, assess operational risks and security vulnerabilities associated with the alleged conduct, and provide recommendations for safeguards to detect, deter, and reduce future insider trading of this kind.
The bill primarily affects the Department of Defense's Office of Inspector General, which would bear the reporting obligation, as well as any service members, civilian employees, or contractors who were the subject of insider trading complaints related to Operation Epic Fury. Congress, specifically the House and Senate Armed Services Committees, would receive the resulting oversight information.
The bill was introduced on August 20, 2026, by Rep. George Whitesides with two cosponsors, and referred to the House Committee on Armed Services. As an introduced bill, it would need to be considered and approved by that committee, then pass the full House and Senate, and be signed by the President before becoming law.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
This bill is in the first stage of the legislative process. It was introduced into Congress on August 20, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Common questions
- What does H.R. 10137 do?
- H.R. 10137, the "No Insider Trading on National Security Act of 2026," would require the Inspector General of the Department of Defense to submit a report to Congress by January 1, 2027, addressing complaints of insider trading on prediction and energy markets that occurred during a military action referred to as Operation Epic Fury. The report would need to detail the number of complaints received, whether they involved members of the Armed Forces, DoD civilian employees, or contractors, and the outcomes of those complaints, including whether allegations were substantiated and what accountability actions, if any, followed. The report must also identify trends in the complaints, assess operational risks and security vulnerabilities associated with the alleged conduct, and provide recommendations for safeguards to detect, deter, and reduce future insider trading of this kind. The bill primarily affects the Department of Defense's Office of Inspector General, which would bear the reporting obligation, as well as any service members, civilian employees, or contractors who were the subject of insider trading complaints related to Operation Epic Fury. Congress, specifically the House and Senate Armed Services Committees, would receive the resulting oversight information. The bill was introduced on August 20, 2026, by Rep. George Whitesides with two cosponsors, and referred to the House Committee on Armed Services. As an introduced bill, it would need to be considered and approved by that committee, then pass the full House and Senate, and be signed by the President before becoming law.
- Has H.R. 10137 become law?
- Not yet. As of 20 Aug 2026, H.R. 10137 is introduced.
- Who sponsored H.R. 10137?
- H.R. 10137 was sponsored by Rep. George Whitesides [D-CA27] (Democrat-CA), with 2 cosponsors.
- What's the latest action on H.R. 10137?
- Introduced (20 Aug 2026).
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