Protecting Investors’ Personally Identifiable Information Act
Introduced Feb 21, 2025 by Rep. Barry Loudermilk
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
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).
Summary by the Congressional Research Service.
No floor votes yet — it hasn't reached the floor of either chamber.