Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 2534
116th Congress(2019-2020)
Insider Trading Prohibition Act
Active
Amendments
Active
Passed House on Dec 5, 2019
Overview
Text
Sponsor
Democrat
Introduced
May 7, 2019
Latest Action
Dec 9, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2534
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Democrat
Jim Himes
Connecticut
Democrat
Carolyn B. Maloney
New York
Democrat
Denny Heck
Washington
House Votes (1)
Senate Votes (0)
checkPassed on December 5, 2019
Question
On Passage
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
Yea-And-Nay
Roll Number
649
House Roll Call Votes
Summary

Insider Trading Prohibition Act

This bill generally provides statutory authority for the prohibition against securities trading, as well as related communications to others, by a person that is in possession of material, nonpublic information. The bill further provides, for purposes of establishing a violation of this prohibition, that it is not necessary for such a person to know specifically how such information was obtained or whether a personal benefit was paid or promised.   

Text (4)
Referred in Senate
December 9, 2019
Engrossed in House
December 5, 2019
Reported in House
September 27, 2019
Introduced in House
May 7, 2019
Amendments (2)
Dec 05, 2019
Not Agreed to in House
1
Sponsorship
House Amendment 697
Amendment sought to strike the term "aware of" included in the bill and replaces with the term "using".
Active
Dec 05, 2019
Agreed to in House
1
Sponsorship
House Amendment 696
An amendment numbered 1 printed in House Report 116-320 to clarify "relating to the market", adds an explicit personal benefit test, and strikes the Rule of Construction.
Agreed To
Related Bills (1)
Dec 04, 2019
Passed House
1
Sponsorship
House Simple Resolution 739
Providing for consideration of the bill (H.R. 2534) to amend the Securities Exchange Act of 1934 to prohibit certain securities trading and related communications by those who possess material, nonpublic information, and relating to consideration of the concurrent resolution (H. Con. Res. 77) directing the President pursuant to section 5(c) of the War Powers Resolution to remove United States Armed Forces from hostilities in the Syrian Arab Republic that have not been authorized by Congress.
Active
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
House
Type
Procedurally-Related Measure
Procedurally-Related Measure
Legislation that affects consideration of other legislation (e.g., a rule for consideration, a bill ordered to be reported or passed in lieu of another measure). Identical bills, companion measures, and legislation with text similarities are other related bill types.
Identified By
House
Actions (19)
12/09/2019
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
12/05/2019
Motion to reconsider laid on the table Agreed to without objection.
12/05/2019
On passage Passed by the Yeas and Nays: 410 - 13 (Roll no. 649).
12/05/2019
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 410 - 13 (Roll no. 649).
12/05/2019
The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.
12/05/2019
The previous question was ordered pursuant to the rule.
12/05/2019
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2534.
12/05/2019
DEBATE - Pursuant to the provisions of H. Res. 739, the Committee of the Whole proceeded with 10 minutes of debate on the Huizenga amendment No. 2.
12/05/2019
DEBATE - Pursuant to the provisions of H.Res. 739, the Committee of the Whole proceeded with 10 minutes of debate on the McHenry amendment No. 1.
12/05/2019
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 2534.
12/05/2019
The Speaker designated the Honorable Terri A. Sewell to act as Chairwoman of the Committee.
12/05/2019
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 739 and Rule XVIII.
12/05/2019
Rule provides for consideration of H.R. 2534 and H. Con. Res. 77. Resolution provides for consideration of H.R. 2534 under a structured rule, and makes in order that a motion to discharge H. Con. Res. 77 shall be in order on December 11, 2019.
12/05/2019
Considered under the provisions of rule H. Res. 739. (consideration: CR H9271-9279)
12/03/2019
Rules Committee Resolution H. Res. 739 Reported to House. Rule provides for consideration of H.R. 2534 and H. Con. Res. 77. Resolution provides for consideration of H.R. 2534 under a structured rule, and makes in order that a motion to discharge H. Con. Res. 77 shall be in order on December 11, 2019.
09/27/2019
Placed on the Union Calendar, Calendar No. 172.
09/27/2019
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-219.
05/07/2019
Referred to the House Committee on Financial Services.
05/07/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:49:46 PM
Copyright © 2024 Civic Bits LLC
Privacy Policy
Terms of Service
What's New
About