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S. 1209

Protecting Investors’ Personally Identifiable Information Act

Protecting Investors' Personally Identifiable Information Act

This bill prohibits the Securities and Exchange Commission (SEC) from requiring a national securities exchange, association, or a member of either to provide a market participant's personally identifiable information to satisfy the reporting requirements of the Consolidated Audit Trail (which tracks market activity). However, this information must be provided to the SEC upon request. The SEC must destroy the information not later than one day after the conclusion of the matter for which this information was required.

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

Sen. Kennedy, John [R-LA](R-LA)Sponsor
6 cosponsors6 R
6cosponsors1committees2actions1related bills5subjects
  1. IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Protecting Investors’ Personally Identifiable Information Act — Informed