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H.R. 624

BillFederalHousePassed House
Promoting Transparent Standards for Corporate Insiders Act
About This Bill
Passed
Latest Action · January 29, 2019
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
116th (2019–2021)
Introduced
January 16, 2019
Cosponsors (2)
1D 1R
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Summary

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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.

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