H.R. 1483 — Reported in House

IB Union Calendar No. 687 119th CONGRESS 2d Session H. R. 1483 [Report No. 119–787] IN THE HOUSE OF REPRESENTATIVES February 21, 2025Mr. Loudermilk (for himself, Mrs. Wagner, Mr. Meuser, and Mr. Huizenga) introduced the following bill; which was referred to the Committee on Financial Services September 1, 2026Additional sponsors: Mr. Nunn of Iowa and Mr. Downing September 1, 2026Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor text of introduced bill, see copy of bill as introduced on February 21, 2025 A BILL To prohibit the Securities and Exchange Commission from requiring that personally identifiable information be collected under consolidated audit trail reporting requirements, and for other purposes. 1. Short title This Act may be cited as the Protecting Investors’ Personally Identifiable Information Act. 2. Personally identifiable information excluded from consolidated audit trail reporting requirements (a) In general The Securities and Exchange Commission may not require a national securities exchange, a national securities association, 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 242.613(c)(7) of title 17, Code of Federal Regulations. (b) Definition of personally identifiable information In this section, the term personally identifiable information means an individual’s name, address, date of birth, Social Security number, taxpayer-identification number, financial account number, driver’s license number, alien registration number, telephone number, email address, Internet Protocol address, or biometric data. September 1, 2026Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed