,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #dbji  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #bj1 #bjbc,ms4  
,wat]s 7= h]self1 ,ms4 ,velzquez1 ,mr4  
,%]man1 ,mr4 ,gre5 ( ,texas1 ,mr4       
,cleav]1 ,mrs4 ,beatty1 ,ms4 ,g>cia (   
,texas1 ,mr4 ,hors=d1 & ,ms4 ,tlaib7    
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to prohibit /ock sales by s5ior
 bank executives 9 c]ta9 circum/ances4  
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,inc5tiviz+ ,safe & ,s\nd ,bank+ ,act4
  #b4 ,/ock sale prohibition  7a7       
,au?ority ,to prohibit /ock sales relat+
 ,to cease & desi/ ord]s ,section #h7;b7
 ( ! ,f$]al ,deposit ,insurance ,act    
7#ab ,u4,s4,c4 #ahah7;b77 is am5d$ by   
ins]t+ at ! end ! foll[+3  7#aa7 ,/ock  
sale prohibition ,! au?ority to issue an
 ord] "u ?is subsection or subsection   
7c7 includes ! au?ority to prohibit !   
sale ( securities ( ! insur$ depository 
in/itution & any affiliate ( su* insur$ 
depository in/itution receiv$ & own$ by 

any curr5t or =m] (fic] or director ( ! 
insur$ depository in/itution or any     
in/itution-affiliat$ p>ty t receiv$ su* 
securities z a =m ( comp5sation4  4  7b7
 ,automatic prohibition ,section #h ( ! 
,f$]al ,deposit ,insurance ,act 7#ab    
,u4,s4,c4 #ahah7 is fur!r am5d$ by add+ 
at ! end ! foll[+3  7y7 ,automatic      
prohibition ( /ock sale  7#a7 ,9 g5]al  
,if a cov]$ bank+ in/itution has a      
composite or compon5t rat+ ( #c1 #d1 or 
#e "u ! ,uni=m ,f9ancial ,in/itutions   
,rat+ ,sy/em 7or an equival5t rat+ "u a 
comp>able rat+ sy/em71 or ! appropriate 
,f$]al bank+ ag5cy issues a matt]       
requir+ imm$iate att5tion 7or simil>    
sup]visory notice1 z det]m9$ by !       
appropriate ,f$]al bank+ ag5cy7 to a    
cov]$ bank+ in/itution1 & ! in/itution  
does n rem$iate ! issue by ! deadl9e    
e/abli%$ by ! appropriate ,f$]al bank+  
ag5cy1 any s5ior executive (fic] may n  
sell securities ( ! cov]$ bank+         
in/itution or any affiliate ( ! cov]$   
bank+ in/itution t ! individual receiv$ 

z a =m ( comp5sation1 until ! matt] is  
resolv$ to ! satisfaction ( !           
appropriate ,f$]al bank+ ag5cy4  7#b7   
,cov]$ bank+ in/itution ,9 ?is          
subsection1 ! t]m cov]$ bank+ in/itution
 means-- 7,a7 a bank hold+ company ) m  
?an #ej1jjj1jjj1jjj 9 consolidat$       
assets2  7,b7 a bank subsidi>y ( a bank 
hold+ company describ$ "u subp>agraph   
7,a72 or  7,c7 a bank or sav+s          
association ) m ?an #ej1jjj1jjj1jjj 9   
consolidat$ assets4  4