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SENATE 573116th CongressCommittee on Banking, Housing, and Urban Affairs. Hearings held.

Promoting Transparent Standards for Corporate Insiders Act

Last Action
11/17/2020

Actions

  • 2020-11-17Committee on Banking, Housing, and Urban Affairs. Hearings held.
  • 2020-11-17Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-456.
  • 2019-02-27Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2019-02-27Introduced in Senate

CRS Summary

As of 2019-02-27 (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)
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.