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Stock Trading Transparency: New Rules for Corporate Insiders

This act requires the Securities and Exchange Commission (SEC) to study and potentially amend rules regarding trading plans for corporate insiders. The goal is to increase transparency and reduce potential abuses, which could impact the security of citizens' stock market investments.
Key points
The SEC will study whether to limit the ability of corporate insiders to adopt multiple trading plans.
Consideration will be given to establishing a mandatory delay between adopting a trading plan and the first trade.
It may become mandatory for companies and their insiders to file all trading plan adoptions, amendments, and transactions with the SEC.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_1528
Sponsor: Rep. Waters, Maxine [D-CA-43]
Process start date: 2021-03-02
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Promoting Transparent Standards for Corporate Insiders Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1528.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-02.

What are the main provisions?

Key points include:

  • The SEC will study whether to limit the ability of corporate insiders to adopt multiple trading plans.
  • Consideration will be given to establishing a mandatory delay between adopting a trading plan and the first trade.
  • It may become mandatory for companies and their insiders to file all trading plan adoptions, amendments, and transactions with the SEC.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Waters, Maxine [D-CA-43].

What is the latest detailed status?

The latest detailed status is: Pursuant to section 6 of H. Res. 330, and the motion offered by Mr. Hoyer, the following bills passed under suspension of the rules: H.R. 367; H.R. 370; H.R. 396; H.R. 397, as amended; H.R. 408; H.R. 490; H.R. 965, as amended; H.R. 1251, as amended; H.R. 1395; H.R. 1491; H.R. 1528; H.R. 1532; H.R. 1565; H.R. 1602; and H.R. 2523, as amended; and the following resolution was agreed to under suspension of the rules: H. Res. 124, as amended. (consideration: CR H1979-1994; text: CR H1988-1989)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy