S 2211
117th Congress
Senate
Finance and Financial Sector
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)
Promoting Transparent Standards for Corporate Insiders Act
Introduced: June 24, 2021
Introduced by:
Van Hollen, Chris
Democratic
· Maryland
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 24, 2021
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1
Cosponsors
1