Protecting Investors’ Personally Identifiable Information Act

Main Subject: Finance and financial sector

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.

House committee actions Actions

Committee
May. 16 2024	Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 22. Committee Consideration and Mark-up Session Held

House floor actions Actions

IntroReferral
Jul. 11 2023	Referred to the House Committee on Financial Services.

Library of Congress Actions

IntroReferral
Jul. 11 2023	Introduced in House Introduced in House

House bill HR4551-118

Protecting Investors’ Personally Identifiable Information Act

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