SENATE 2211117th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Promoting Transparent Standards for Corporate Insiders Act
- Last Action
- 6/24/2021
Actions
- 2021-06-24Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2021-06-24Introduced in Senate
CRS Summary
As of 2021-06-24 (00)
Promoting Transparent Standards for Corporate Insiders Act
This bill directs the Securities and Exchange Commission (SEC) to study and report on possible revisions to regulations regarding Rule 10b5-1 trading plans. (Such 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)
- Deb Fischer (R-NE)
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)
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.