Prohibits the Securities and Exchange Commission from requiring stock exchanges, securities associations, and their members to provide personal information about market participants to meet consolidated audit trail reporting rules.

Official title: Protecting Investors’ Personally Identifiable Information Act

Next stop House floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

House

Introduced 21-FEB-2025

Referred 21-FEB-2025

Approved by committee 30-JUN-2026

Reported 01-SEP-2026

On the calendar 01-SEP-2026

Key points

Prohibits the SEC from requiring personally identifiable information to meet order and reportable event requirements under 17 CFR 242.613(c)(7).
Defines personally identifiable information to include names, addresses, dates of birth, Social Security numbers, taxpayer identification numbers, financial account numbers, driver's license and alien registration numbers, phone numbers, email addresses, IP addresses, and biometric data.
Sets the short title as the Protecting Investors' Personally Identifiable Information Act.

AI-generated from the Reported in House text of 01-SEP-2026 · verify · report an error

Official CRS summary

Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (21-FEB-2025); the text has changed since (Reported in House, 01-SEP-2026).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov

Committee referrals (1)

Financial Services Committee (House)

Policy area

Finance and Financial Sector

Sponsor Barry Loudermilk (R-GA) Cosponsors · 5

■ 5 R

5 Republicans

congress.gov page Reported in House (01-SEP-2026) Introduced in House (21-FEB-2025)