Protecting Investors’ Personally Identifiable Information Act
United States118th CongressS-2230Senate
Updated: Jul 11, 2023
Summary
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 (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.
Bill texts
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Timeline
Latest companion bill action
HR-4551: Protecting Investors’ Personally Identifiable Information ActReported (Amended) by the Committee on Financial Services. H. Rept. 118-724.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate
Introduced in Senate
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