119th Congress
S. 658
Protecting Investors’ Personally Identifiable Information Act
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- John Kennedy(R-LA)
- Introduced
- Feb 20, 2025
- Policy area
- Finance and Financial Sector
- Committees
- Senate Committee on Banking, Housing, and Urban Affairs
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (8)
Original cosponsors (7)
- Jerry Moran (R-KS)
- John Boozman (R-AR)
- Katie Boyd Britt (R-AL)
- Mike Lee (R-UT)
- Pete Ricketts (R-NE)
- Steve Daines (R-MT)
- Tom Cotton (R-AR)
Added later (1)
- Tommy Tuberville (R-AL) · Mar 3, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in Senate” version
Protecting Investors' Personally Identifiable Information Act
This bill prohibits the Securities and Exchange Commission (SEC) from requiring a national securities exchange or 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 (i.e., data used to track market activity). However, this information must be provided to the SEC upon request if the information is related to a securities investigation. The SEC must destroy the information not later than one day after the conclusion of the matter for which this information was required.
Roll-call votes
No recorded votes on this bill.
Actions
- Feb 20, 2025 · Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. - Feb 20, 2025
Introduced in Senate