Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 4551: Protecting Investors’ Personally Identifiable Information Act

ReportedNov 1, 2024

  1. Introduced (completed)Jul 11, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jul 11, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

14

Who scored on this bill

32 points earned
  1. 1Barry Loudermilk R-GA SponsorIntroduced, marked up, reported3 events+32
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Barry Loudermilk

History

  1. Jul 11, 2023Introduced in the House by Barry Loudermilk.
Show the full action history (6 actions)
  1. Nov 1, 2024Reported (Amended) by the Committee on Financial Services. H. Rept. 118-724.
  2. Nov 1, 2024Placed on the Union Calendar, Calendar No. 611.
  3. May 16, 2024Committee Consideration and Mark-up Session Held
  4. May 16, 2024Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22.
  5. Jul 11, 2023Introduced in House
  6. Jul 11, 2023Referred to the House Committee on Financial Services.