WHAT THE LAW DOINCongress, in plain words

H.R. 1483 · 119th Congress

Protecting Investors’ Personally Identifiable Information Act

Reported by committeeFinance and Financial Sector
IntroducedFeb 21, 2025
Passed HouseNot yet
Passed SenateNot yet
To PresidentNot yet
Became lawNot yet

Where it stands

Reported by committee. Latest step, Sep 1, 2026: Placed on the Union Calendar, Calendar No. 687.

What it does

Sourced

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).

Official summary by the Congressional Research Service (Introduced in House, Feb 21, 2025).

Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.

What has happened

Sourced
  1. Sep 1, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-787.Library of Congress
  2. Feb 21, 2025Introduced in HouseLibrary of Congress

Show all 8 recorded actions

Cosponsors

  • Troy Downing R-MT-2
  • Bill Huizenga R-MI-4
  • Daniel Meuser R-PA-9
  • Zachary Nunn R-IA-3
  • Ann Wagner R-MO-2