Protecting Investors’ Personally Identifiable Information Act
- Last Action
- 7/11/2023
Actions
- 2023-07-11Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2023-07-11Introduced in Senate
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 (11)
- John Boozman (R-AR)
- Jerry Moran (R-KS)
- Tom Cotton (R-AR)
- Steve Daines (R-MT)
- Katie Britt (R-AL)
- Mike Rounds (R-SD)
- Tommy Tuberville (R-AL)
- Bill Hagerty (R-TN)
- Pete Ricketts (R-NE)
- Rick Scott (R-FL)
- Mike Lee (R-UT)
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.