HOUSE 1528117th CongressReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Promoting Transparent Standards for Corporate Insiders Act

Last Action: 4/22/2021

Actions

2021-04-22Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2021-04-20Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended. (consideration: CR H1979-1994; text: CR H1988-1989)
2021-04-20Passed/agreed to in House: Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended.(consideration: CR H1979-1994; text: CR H1988-1989)
2021-04-20Pursuant to the provisions of H. Res. 330, proceedings on H.R. 1528 are considered vacated.
2021-04-19At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
2021-04-19DEBATE - The House proceeded with forty minutes of debate on H.R. 1528.
2021-04-19Considered under suspension of the rules. (consideration: CR H1913-1914; text: CR H1913-1914)
2021-04-19Mr. Perlmutter moved to suspend the rules and pass the bill.
2021-03-02Referred to the House Committee on Financial Services.
2021-03-02Introduced in House
2021-03-02Introduced in House

CRS Summary

As of 2021-04-20 (53)

Promoting Transparent Standards for Corporate Insiders Act

This bill directs the Securities and Exchange Commission (SEC) to study and report on possible revisions to limit the ability of issuers of securities and issuer insiders to adopt Rule 10b5-1 trading plans. These plans allow certain employees of publicly traded corporations to sell their shares without violating insider trading prohibitions. The SEC must revise regulations consistent with the results of the study.

Cosponsors (1)

Van Taylor (R-TX)

Subjects

Administrative law and regulatory procedures
Congressional oversight
Employee benefits and pensions
Financial services and investments
Government studies and investigations
Securities
Securities and Exchange Commission (SEC)

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