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- S.573
S.573: Promoting Transparent Standards for Corporate Insiders Act
About This Bill
- Introduced Feb. 27, 2019
- Latest Major Action Nov. 17, 2020
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - Feb. 27, 2019
Bill Summary
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.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Nov. 17, 2020 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
| Feb. 27, 2019 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Feb. 27, 2019 |
Introduced in the Senate by Chris Van Hollen (D-Md.) |