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H.R. 624

Referred to Committee

Promoting Transparent Standards for Corporate Insiders Act

Introduced 1/16/2019•116th Congress•House

Latest Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

1/29/2019 • Senate

Summary

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.

Passed House • 1/28/2019

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Topics & Subjects

Administrative law and regulatory proceduresCongressional oversightEmployee benefits and pensionsFinancial services and investmentsGovernment studies and investigationsSecuritiesSecurities and Exchange Commission (SEC)

Related Federal Spending

Sponsor & Cosponsors (3)

Party Breakdown

2
Democrats
1
Republicans
0
Independents

Sponsor

R[
Rep. Waters, Maxine [D-CA-43]

Democrat • CA-43

Sponsored 1/16/2019

Cosponsors (2)

R[
Rep. McHenry, Patrick T. [R-NC-10]

R-NC-10

Joined 1/16/2019

R[
Rep. Green, Al [D-TX-9]

D-TX-9

Joined 1/24/2019

Bill Journey

Originated in the House

Introduced

January 16, 2019

Referred to the House Committee on Financial Services.

Committee Review

Floor Debate

January 28, 2019

Passed Chamber

January 28, 2019

Other Chamber

President

Enacted into Law

Text Versions (3)

Referred in Senate1/29/2019
Engrossed in House1/28/2019
Introduced in House1/16/2019

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors2