S 573 · 116th Congress · Finance and Financial Sector

Promoting Transparent Standards for Corporate Insiders Act

Introduced 2019-02-27· Sponsored by Sen. Van Hollen, Chris [D-MD]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Banking, Housing, and Urban Affairs. Hearings held.(2020-11-17)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (1)

1 Republican
Sen. Fischer, Deb [R-NE]NE