3.0.0 3990 2023-03-08T20:12:14Z 2023-03-08T20:12:14Z Senate S 2022-04-04 117 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Hearings by 2022-07-28T18:14:25Z Hearings by 2022-04-05T18:32:19Z Referred to 2022-04-04T22:36:01Z Insider Trading Prohibition Act 117 2655 HR 2021-05-19 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2022-07-28 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Committee 2022-04-05 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Committee 2022-04-04 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1937-1938) IntroReferral 2022-04-04 Introduced in Senate IntroReferral 10000 9 Library of Congress R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. N M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2022-04-04 True Finance and Financial Sector Fraud offenses and financial crimes Government information and archives Securities Finance and Financial Sector 00 2022-04-04 Introduced in Senate 2022-09-08T19:36:53Z Insider Trading Prohibition Act

This bill generally provides statutory authority for the prohibition against securities trading, as well as related communications to others, by a person who has access to material, nonpublic information and is aware or recklessly disregards that the information is material and nonpublic. Further, that person must either be aware or recklessly disregards that the information has been obtained wrongfully or that the trading would be wrongful.

The bill also provides, for purposes of establishing a violation of this prohibition, that it is not necessary for such a person to know specifically how such information was obtained or whether a personal benefit was paid or promised.

]]> Insider Trading Prohibition Act Display Title Insider Trading Prohibition Act Short Title(s) as Introduced Insider Trading Prohibition Act Introduced in Senate IS Official Title as Introduced A bill to amend the Securities Exchange Act of 1934 to prohibit certain securities trading and related communications by those who possess material, nonpublic information, and for other purposes. Introduced in Senate IS Introduced in Senate 2022-04-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s3990is/xml/BILLS-117s3990is.xml 2022-07-28 Committee on Banking, Housing, and Urban Affairs. Hearings held. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.