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HR 4551 118th Congress House 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

Introduced: July 11, 2023 Introduced by: Loudermilk, Barry Republican · Georgia See on congress.gov
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 1, 2024
Placed on the Union Calendar, Calendar No. 611.
Nov 1, 2024
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-724.
May 16, 2024
Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22.
May 16, 2024
Committee Consideration and Mark-up Session Held
Jul 11, 2023
Referred to the House Committee on Financial Services.
Jul 11, 2023
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now November 1, 2024

Placed on the Union Calendar, Calendar No. 611.

 Committees of jurisdiction 1