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S 2230 118th Congress Senate Finance and Financial Sector

Protecting Investors’ Personally Identifiable Information Act

Introduced: July 11, 2023 Introduced by: Kennedy, John Republican · Louisiana See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 11, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 11, 2023
Introduced in Senate
 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 July 11, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1