HR 624 (Waters-CA) – Promoting Transparent Standards for Corporate Insiders Act
Directs the Securities and Exchange Commission (SEC) to carry out a study of Rule 10b5-1 and consider certain types of amendments that may clarify and enhance existing prohibitions against insider trading and the potential impacts of such amendments. The bill also requires the SEC to report the findings to Congress and revise regulations consistent with the results of the study.
- Version: Amended 1/16/2019
- Sponsor: Author
- Location: Senate Banking, Housing and Urban Affairs Committee
- Board Position: Support
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