HR 624 · 116th Congress · Finance and Financial Sector
Promoting Transparent Standards for Corporate Insiders Act
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2019-01-29)
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Plain Language Summary
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Promoting Transparent Standards for Corporate Insiders Act This bill directs the Securities and Exchange Commission (SEC) to study and report on possible revisions to regulations regarding Rule 10b5-1 trading plans. (Such plans allow certain employees of publicly traded corporations to sell their shares without violating insider trading prohibitions.) The SEC must revise regulations consistent with the results of the study.…
Summarized by Claude AI · Non-partisan · For informational purposes only