H.R. 624 · 116th Congress
Promoting Transparent Standards for Corporate Insiders Act
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2 cosponsors · 1 D, 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Jan 16, 2019
- House Passed Jan 28, 2019 413–3
This bill directs the Securities and Exchange Commission (SEC) to study and report on possible revisions to regulations regarding Rule 10b5-1 trading plans.
What it does: CRS summary · Passed House · Jan 28, 2019
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Promoting Transparent Standards for Corporate Insiders Act
Latest action (Jan 29, 2019): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 16, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Jan 16, 2019
- House Passed Jan 28, 2019 413–3
Final vote · House · Jan 28, 2019
Passage (two-thirds required) — Passed. Vote details
Speaker of the House: Nancy Pelosi