HR 4551 · 118th Congress · Finance and Financial Sector

Protecting Investors’ Personally Identifiable Information Act

Introduced 2023-07-11· Sponsored by Rep. Loudermilk, Barry [R-GA-11]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 611.(2024-11-01)

Plain Language Summary

[AI summary unavailable — showing source text] Protecting Investors' Personally Identifiable Information Act This bill prohibits the Securities and Exchange Commission (SEC) from requiring a national securities exchange, association, or a member of either to provide a market participant's personally identifiable information to satisfy the reporting requirements of the Consolidated Audit Trail (i.e., data used to track market activity). However, this information must be provided to the SEC upon request if the information is related to a securities investigation. The SEC must destroy the information not later than one day after the conclusion of the matter for which this information was required.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 4551, Protecting Investors’ Personally Identifiable Information Act

Jul 9, 2024

As ordered reported by the House Committee on Financial Services on May 16, 2024

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (14)

14 Republicans