Promoting Transparent Standards for Corporate Insiders Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jun 24, 2021)
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.
What just happenedJun 24, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateJun 24, 2021
- Jun 24, 2021IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jun 24, 2021IntroReferral10000
Introduced in Senate