H.R. 1483
Protecting Investors’ Personally Identifiable Information Act
Sponsor: Barry Loudermilk
5 cosponsors
Official summary
Written by the Congressional Research Service.
Protecting Investors' Personally Identifiable Information Act
This bill limits certain disclosures of personally identifiable information belonging to a participant in the securities market for purposes of tracking market activity.
Specifically, the bill prohibits the Securities and Exchange Commission (SEC) from requiring a national securities exchange, a national securities association, or a member of such an exchange or association to provide such information to satisfy the reporting requirements of the Consolidated Audit Trail (data used by regulators to track market activity).
Text of the bill
Where this section came from
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Feb 21, 2025 · Introduced in House Referred to House Committee on Financial Services, Feb 21
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Sep 1, 2026 · Reported in House Marked up by House Committee on Financial Services, Jun 30 Reported by House Committee on Financial Services, Sep 1 Committee members' individual votes aren't in our records.
(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
.
(
or successor regulations). (
b) Definition of personally identifiable information. In this section, the term personally identifiable information means
information that can be used to distinguish or trace
an individual’s
identity
name
,
either
address,
alone
date
or
of
when
birth,
combined
Social
with
Security
other
number,
personal
taxpayer-identification
or
number,
identifying
financial
information
account
that is linked or linkable to a specific individual
number
,
including an individual
driver
’s
name,
license
address
number
,
date
alien
or
registration
year of birth, Social Security
number, telephone number, email
address
,
and
Internet
IP-
Protocol
address
, or biometric data
.
What is a markup?
A markup is a committee meeting where members go through a bill and vote on changes before sending it to the full chamber.
(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.