HR 2534 · 116th Congress · Finance and Financial Sector

Insider Trading Prohibition Act

Introduced 2019-05-07· Sponsored by Rep. Himes, James A. [D-CT-4]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2019-12-09)

Recorded Votes

PassedHouse · 2019-12-05
Roll #649
Yea 410Nay 13
Democrats
228 Yea·0 Nay
Republicans
182 Yea·12 Nay
PassedHouse · 2019-12-05
Roll #649
Yea 410Nay 13
Democrats
228 Yea·0 Nay
Republicans
182 Yea·12 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] Insider Trading Prohibition Act This bill generally provides statutory authority for the prohibition against securities trading, as well as related communications to others, by a person that is in possession of material, nonpublic information. The bill further provides, for purposes of establishing a violation of this prohibition, that it is not necessary for such a person to know specifically how such information was obtained or whether a personal benefit was paid or promised.   …

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 2534, Insider Trading Prohibition Act

Jun 20, 2019

As ordered reported by the House Committee on Financial Services on May 8, 2019

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (2)

2 Democrats