,,ii  #aagth ,,congress  #ast ,session  
,s4 #abji  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,april #ai1    
#bjba,mr4 ,kennedy 7for himself1 ,ms4   
,lummis1 ,mr4 ,rounds1 ,mr4 ,moran1 ,mr4
 ,daines1 ,mr4 ,cramer1 and ,mr4        
,boozman7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs  ,a ,,bill  ,to     
prohibit the ,securities and ,exchange  
,commission from requiring that         
personally identifiable information be  
collected under consolidated audit trail
 reporting requirements1 and for other  
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,protecting         
,investors' ,personally ,identifiable   
,information ,act4  #b4 ,personally     
identifiable information excluded from  
consolidated audit trail reporting      
requirements  7a7 ,definitions ,in this 
section-- 7#a7 the term ,commission     
means the ,securities and ,exchange     
,commission2 and  7#b7 the term         

personally identifiable information--   
7,a7 means information that can be used 
to distinguish or trace the identity of 
an individual1 either alone or when     
combined with other personal or         
identifying information that is linked  
or linkable to the individual2  7,b7    
includes the name1 address1 date or year
 of birth1 ,social ,security number1    
telephone number1 and email address of  
an individual2 and  7,c7 does not       
include a ,,cat-,order-,,id or          
,,cat-,reporter-,,id1 as those terms are
 defined in section #bdb4fac7;j7 of     
title #ag1 ,code of ,federal            
,regulations1 or any successor          
regulation4  7b7 ,prohibition ,except as
 provided in subsection 7c71 the        
,commission may not require a national  
securities exchange1 a national         
securities association1 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 #bdb4fac7;c77#g7 of 
title #ag1 ,code of ,federal            
,regulations1 or any successor          
regulation4  7c7 ,exception ,the        
,commission may only require a national 
securities exchange1 a national         
securities association1 or a member of  
such an exchange or association to      
provide personally identifiable         
information with respect to a market    
participant if the ,commission makes a  
request for such information4  7d7      
,request for extension ,if the          
,commission makes a request under       
subsection 7c71 a national securities   
exchange1 a national securities         
association1 or a member of such an     
exchange or association shall provide   
the personally identifiable information 
that is the subject of the request not  
later than #bd hours after receiving the
 request1 unless1 at the request of the 
national securities exchange1 national  
securities association1 or member of    

such an exchange or association1 the    
,commission provides a reasonable       
extension4  7e7 ,destruction of         
personally identifiable information ,in 
the case of personally identifiable     
information provided to the ,commission 
under a request made by the ,commission 
under subsection 7c71 the ,commission   
shall destroy that personally           
identifiable information not later than 
#a day after the date on which the      
investigation or other matter for which 
that personally identifiable information
 is required concludes4