H.R. 1528
Referred to CommitteePromoting Transparent Standards for Corporate Insiders Act
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
4/22/2021 • 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 limit the ability of issuers of securities and issuer insiders to adopt Rule 10b5-1 trading plans. These 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 • 4/20/2021
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
Sponsor
Cosponsors (1)
Bill Journey
Originated in the House
Introduced
March 2, 2021
Referred to the House Committee on Financial Services.
Committee Review
Floor Debate
April 19, 2021
Passed Chamber
April 20, 2021
Other Chamber
President
Enacted into Law
Text Versions (3)
Related Bills (2)
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H.R. 624
Promoting Transparent Standards for Corporate Insiders Act