US SB2488 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on September 17 2019 - 25% progression, died in committee
Action: 2019-09-17 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 17 2019 - 25% progression, died in committee
Action: 2019-09-17 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires certain issuers of securities to create policies reasonably designed to prevent executive officers and directors from trading their securities after a significant corporate event but before disclosing that event through a public filing. Certain issuers required by regulation to adopt a code of ethics are exempt from this requirement.
Title
8–K Trading Gap Act of 2019
Sponsors
| Sen. Chris Van Hollen [D-MD] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-09-17 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB4335 (Related) 2020-01-14 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Banking and financial institutions regulation
Business records
Corporate finance and management
Finance and financial sector
Government information and archives
Securities
Business records
Corporate finance and management
Finance and financial sector
Government information and archives
Securities
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2488/all-info |
| Text | https://www.congress.gov/116/bills/s2488/BILLS-116s2488is.pdf |
