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H.R.624 – 116th Congress (2019-2020): Promoting Transparent Standards for Corporate Insiders Act

Summary: H.R.624 — 116th Congress (2019-2020)All Information (Except Text)

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Introduced in House (01/16/2019)

Promoting Transparent Standards for Corporate Insiders Act

This bill directs the Securities and Exchange Commission (SEC) to study and report on possible revisions to regulations regarding Rule 10b5-1 trading plans. (Such plans allow certain employees of publicly traded corporations to sell their shares without violating insider trading prohibitions.) The SEC must revise regulations consistent with the results of the study.

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