116th Congress > House > Vote 51

Date: January 28, 2019

Result: 413-3 (Passed)

Clerk session vote number: 52

Sponsor: WATERS, Maxine (D-CA)

Bill number: HR624

Question: On Motion to Suspend the Rules and Pass

Description: Promoting Transparent Standards for Corporate Insiders Act

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.

Bill titles: To require the Securities and Exchange Commission to carry out a study of Rule 10b5-1 trading plans, and for other purposes.

Links for more info on the vote: congress.gov

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