H.R. 3973
Referred to CommitteeMarket Data Protection Act of 2017
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
11/14/2017 • Senate
Summary
Market Data Protection Act of 2017
(Sec. 2) This bill amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission, the Financial Industry Regulatory Authority, and the operator of the consolidated audit trail (a database that tracks trading in equities and options markets) to develop internal risk control mechanisms to protect stored market data.
The operator of the consolidated audit trail may not accept market data until these mechanisms are developed.
Passed House without amendment • 11/13/2017
Topics & Subjects
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Sponsor
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Bill Journey
Originated in the House
Introduced
October 5, 2017
Committee Review
October 11, 2017
Committee Consideration and Mark-up Session Held.
Floor Debate
November 13, 2017
Passed Chamber
November 13, 2017
Other Chamber
President
Enacted into Law