S 1209
117th Congress
Senate
Finance and Financial Sector
Financial services and investments
Government information and archives
Government studies and investigations
Right of privacy
Securities
Protecting Investors’ Personally Identifiable Information Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 19, 2021
Introduced in Senate
Plain-English summary
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 (which tracks market activity). However, this information must be provided to the SEC upon request. The SEC must destroy the information not later than one day after the conclusion of the matter for which this information was required.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1