The Stop Trading on Congressional Knowledge (STOCK) Act would prohibit members and employees of Congress from using "any nonpublic information derived from the individual's position… or gained from performance of the individual's duties, for personal benefit.” The bill would also apply to all employees in the Executive and Judicial branches of the federal government. The STOCK Act would require a one-year study of the growing “political intelligence” industry, and would require every Member of Congress to publicly file and disclose any financial transaction of stocks, bond, commodities futures, and other securities within 45 days on their websites, rather than once a year as they do now. The Act also requires members of Congress and Executive branch officials to disclose the terms of mortgages on their homes, prohibits them from receiving special access to initial public stock offerings, and will deny federal pensions to members of Congress who are convicted of felonies involving public corruption. The Act passed the House on 22 March 2012 has been designated as "pending legislation" for President Obama to sign.