Proposed
Bill · 119th Congress · S 658
Protecting Investors’ Personally Identifiable Information Act
Refreshed 4 h ago
Introduced 2025-02-20Topic: economy jobsSummary
Summary by the Congressional Research ServiceProtecting Investors' Personally Identifiable Information Act This bill prohibits the Securities and Exchange Commission (SEC) from requiring a national securities exchange or 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.
Sponsors
- John Kennedy Republican sponsor
- 8 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-02-20 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2025-02-20 | Introduced in Senate | introduce |