According to Odaily, Tuttle Capital has submitted a new Exchange Traded Fund (ETF) aimed at tracking and investing in stocks held by members of the US Congress or their spouses. As per the regulatory filing on June 11, the 'Tuttle Capital Congressional Trading ETF' is proposed to be an actively managed ETF, investing in the stock choices of Congress members as stated in mandatory public disclosure documents. These documents are submitted in accordance with the 'Stop Trading on Congressional Knowledge Act' enacted in 2012. The act is designed to prevent US lawmakers from using insider information from their positions for personal gain.
