[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1483 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 687
119th CONGRESS
  2d Session
                                H. R. 1483

                          [Report No. 119-787]

To prohibit the Securities and Exchange Commission from requiring that 
  personally identifiable information be collected under consolidated 
      audit trail reporting requirements, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 21, 2025

Mr. Loudermilk (for himself, Mrs. Wagner, Mr. Meuser, and Mr. Huizenga) 
 introduced the following bill; which was referred to the Committee on 
                           Financial Services

                           September 1, 2026

         Additional sponsors: Mr. Nunn of Iowa and Mr. Downing

                           September 1, 2026

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
    [For text of introduced bill, see copy of bill as introduced on 
                           February 21, 2025]


_______________________________________________________________________

                                 A BILL


 
To prohibit the Securities and Exchange Commission from requiring that 
  personally identifiable information be collected under consolidated 
      audit trail reporting requirements, and for other purposes.


 


    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protecting Investors' Personally 
Identifiable Information Act''.

SEC. 2. PERSONALLY IDENTIFIABLE INFORMATION EXCLUDED FROM CONSOLIDATED 
              AUDIT TRAIL REPORTING REQUIREMENTS.

    (a) In General.--The Securities and Exchange Commission may not 
require a national securities exchange, a national securities 
association, or a member of such an exchange or association to provide 
personally identifiable information with respect to a market 
participant to meet the requirements relating to an order or a 
reportable event under section 242.613(c)(7) of title 17, Code of 
Federal Regulations.
    (b) Definition of Personally Identifiable Information.--In this 
section, the term ``personally identifiable information'' means an 
individual's name, address, date of birth, Social Security number, 
taxpayer-identification number, financial account number, driver's 
license number, alien registration number, telephone number, email 
address, Internet Protocol address, or biometric data.
                                                 Union Calendar No. 687

119th CONGRESS

  2d Session

                               H. R. 1483

                          [Report No. 119-787]

_______________________________________________________________________

                                 A BILL

To prohibit the Securities and Exchange Commission from requiring that 
  personally identifiable information be collected under consolidated 
      audit trail reporting requirements, and for other purposes.

_______________________________________________________________________

                           September 1, 2026

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed