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HOUSE 2655117th CongressReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Insider Trading Prohibition Act

Last Action
5/19/2021

Actions

  • 2021-05-19Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2021-05-18Pursuant to section 5 of H. Res. 403, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 144, as amended; H.R. 204, as amended; H.R. 210, as amended; H.R. 240; H.R. 707, as amended; H.R. 711, as amended; H.R. 1157, as amended; H.R. 1447, as amended; H.R. 1510, as amended; H.R. 1711, as amended; H.R. 2027; H.R. 2167, as amended; H.R. 2441; H.R. 2494; H.R. 2533; H.R. 2655, as amended; H.R. 2695, H.R. 2704; H.R. 2788; H.R. 2878, as amended; and H.R. 3008. (consideration: CR H2482-2520; text: CR H2515)
  • 2021-05-18Passed/agreed to in House: Pursuant to section 5 of H. Res. 403, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 144, as amended; H.R. 204, as amended; H.R. 210, as amended; H.R. 240; H.R. 707, as amended; H.R. 711, as amended; H.R. 1157, as amended; H.R. 1447, as amended; H.R. 1510, as amended; H.R. 1711, as amended; H.R. 2027; H.R. 2167, as amended; H.R. 2441; H.R. 2494; H.R. 2533; H.R. 2655, as amended; H.R. 2695, H.R. 2704; H.R. 2788; H.R. 2878, as amended; and H.R. 3008.(consideration: CR H2482-2520; text: CR H2515)
  • 2021-05-18Pursuant to the provisions of H. Res. 403, proceedings on H.R. 2655 are considered vacated.
  • 2021-05-18At 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.
  • 2021-05-18DEBATE - The House proceeded with forty minutes of debate on H.R. 2655.
  • 2021-05-18Considered under suspension of the rules. (consideration: CR H2460-2463; text: CR H2460)
  • 2021-05-18Mr. Cleaver moved to suspend the rules and pass the bill, as amended.
  • 2021-04-19Referred to the House Committee on Financial Services.
  • 2021-04-19Introduced in House
  • 2021-04-19Introduced in House

CRS Summary

As of 2021-05-18 (53)

Insider Trading Prohibition Act

This bill generally provides statutory authority for the prohibition against securities trading, as well as related communications to others, by a person aware of material, nonpublic information. The bill further provides, for purposes of establishing a violation of this prohibition, that it is not necessary for such a person to know specifically how such information was obtained or whether a personal benefit was paid or promised.   

Cosponsors (3)

  • CAROLYN MALONEY (D-NY)
  • Al Green (D-TX)
  • Van Taylor (R-TX)

Subjects

  • Fraud offenses and financial crimes
  • Government information and archives
  • Securities
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.