HR 1487 · 100th Congress · Finance and Financial Sector
A bill to amend the Securities Exchange Act of 1934 to prohibit certain trades.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Telecommunications and Finance.(1987-03-16)
Plain Language Summary
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Amends the Securities Exchange Act of 1934 to prohibit any securities trader who trades for his or her own account or any account in which such trader has trading discretion and also executes orders for any other person from owning, controlling, having a beneficial interest in, or entering into any contract or contract for future delivery in any financial instrument, stock index, securities index, or any contract for future delivery based in any way on securities or equity securities on any contract market.…
Summarized by Claude AI · Non-partisan · For informational purposes only