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H.R.6320 - Promoting Transparent Standards for Corporate Insiders Act115th Congress (2017-2018) |

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Sponsor: Rep. Waters, Maxine [D-CA-43] (Introduced 07/10/2018)
Committees: House - Financial Services
Committee Reports: H. Rept. 115-891
Latest Action: House - 08/03/2018 Placed on the Union Calendar, Calendar No. 689.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • Constitutional Authority Statement
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Summary: H.R.6320 — 115th Congress (2017-2018)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Reported to House without amendment (08/03/2018)

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.