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US HB1483

Bill

Status

Introduced

2/21/2025

Primary Sponsor

Barry Loudermilk

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Prohibits the SEC from requiring national securities exchanges, national securities associations, or their members to provide personally identifiable information about market participants under consolidated audit trail (CAT) reporting requirements

  • Specifically targets reporting requirements under 17 CFR § 242.613(c)(7), which governs order and reportable event data collection

  • Defines personally identifiable information broadly to include name, address, date of birth, Social Security number, telephone number, email, and IP address

  • Introduced February 21, 2025 by Rep. Loudermilk with bipartisan cosponsors Wagner, Meuser, and Huizenga; referred to House Financial Services Committee

Legislative Description

Protecting Investors’ Personally Identifiable Information Act

Finance and financial sector

Last Action

Referred to the House Committee on Financial Services.

2/21/2025

Committee Referrals

Financial Services2/21/2025

Full Bill Text

No bill text available