HR 1528 · 117th Congress · Finance and Financial Sector

Promoting Transparent Standards for Corporate Insiders Act

Introduced 2021-03-02· Sponsored by Rep. Waters, Maxine [D-CA-43]· House

Bill Progress

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Introduced
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Committee
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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.(2021-04-22)

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 limit the ability of issuers of securities and issuer insiders to adopt Rule 10b5-1 trading plans. These 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
Rep. Taylor, Van [R-TX-3]TX