Protecting Investors’ Personally Identifiable Information Act
- Last Action
- 11/1/2024
Actions
- 2024-11-01Placed on the Union Calendar, Calendar No. 611.
- 2024-11-01Reported (Amended) by the Committee on Financial Services. H. Rept. 118-724.
- 2024-11-01Reported (Amended) by the Committee on Financial Services. H. Rept. 118-724.
- 2024-05-16Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22.
- 2024-05-16Committee Consideration and Mark-up Session Held
- 2023-07-11Referred to the House Committee on Financial Services.
- 2023-07-11Introduced in House
- 2023-07-11Introduced in House
CRS Summary
As of 2023-07-11 (00)
Protecting Investors' Personally Identifiable Information Act
This bill prohibits the Securities and Exchange Commission (SEC) from requiring a national securities exchange, association, or a member of either to provide a market participant's personally identifiable information to satisfy the reporting requirements of the Consolidated Audit Trail (i.e., data used to track market activity). However, this information must be provided to the SEC upon request if the information is related to a securities investigation. The SEC must destroy the information not later than one day after the conclusion of the matter for which this information was required.
Cosponsors (14)
- J. Hill (R-AR)
- Bill Huizenga (R-MI)
- Ann Wagner (R-MO)
- Daniel Meuser (R-PA)
- Young Kim (R-CA)
- Zachary Nunn (R-IA)
- Keith Self (R-TX)
- Ralph Norman (R-SC)
- Michael Lawler (R-NY)
- Mike Flood (R-NE)
- Scott Fitzgerald (R-WI)
- Pete Sessions (R-TX)
- Alexander Mooney (R-WV)
- Tom Emmer (R-MN)
Subjects
- Financial services and investments
- Government information and archives
- Government studies and investigations
- Right of privacy
- Securities
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.