Did Michael Simpson buy First Trust MLP and Energy Income stock?

Common questions

Did Michael Simpson buy First Trust MLP and Energy Income stock?

Yes. Michael Simpson disclosed 3 purchases of First Trust MLP and Energy Income (FEI) stock between Mar 7, 2016 and Mar 26, 2020, in STOCK Act reports. Added together, the disclosed ranges come to $17K-$80K.

How big were Michael Simpson's First Trust MLP and Energy Income trades?

STOCK Act reports give a range for each trade, such as $1K-$15K, never an exact amount. Added together, the disclosed ranges come to $17K-$80K.

Did Michael Simpson make these First Trust MLP and Energy Income trades personally?

Not always. The STOCK Act requires members to report trades by themselves, a spouse and dependent children. The owner column of each linked filing says whose trade it was.

Does Michael Simpson still own First Trust MLP and Energy Income stock?

This page lists reported trades, not holdings. A purchase can have been sold since, and the filings shown do not say what is held today.

When did Michael Simpson report these trades?

The latest filing is dated Jun 1, 2020. The STOCK Act gives members of Congress 45 days to report a trade, so a filing can trail the trade by weeks. Every row shows both dates.

Where does this data come from?

From periodic transaction reports filed under the STOCK Act with the Clerk of the House. Every trade links to the original filing.