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116th Congress > House > Vote 51
Clerk session vote number: 52
Sponsor: WATERS, Maxine (D-CA)
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