H.R. 1483 · Where this bill is now
Waiting for a House vote
Approved by committee Sep 1, 2026; no House vote yet
What this bill does
In plain words · AI-written from the official summaryLimits sharing of investors' personal data
The bill stops the Securities and Exchange Commission (the SEC, which oversees stock markets) from requiring exchanges and brokers to hand over investors' personal information for a system called the Consolidated Audit Trail. That system is used by regulators to track trading activity in the markets.
How it affects you
If you invest in stocks or other securities, this could mean your personal information is shared less widely with regulators who monitor market activity. The bill directly affects stock exchanges and brokers, who would no longer be required to turn over your identifying details for this particular tracking system.
Read the official summary (Introduced in House, Feb 21, 2025)
Protecting Investors' Personally Identifiable Information Act
This bill limits certain disclosures of personally identifiable information belonging to a participant in the securities market for purposes of tracking market activity.
Specifically, the bill prohibits the Securities and Exchange Commission (SEC) from requiring a national securities exchange, a national securities association, or a member of such an exchange or association to provide such information to satisfy the reporting requirements of the Consolidated Audit Trail (data used by regulators to track market activity).
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 1483
A BILL
Protecting Investors’ Personally Identifiable Information Act
Sponsor: Rep. Barry Loudermilk (R-GA-11) · Introduced Feb 21, 2025 · Finance and Financial Sector · 2 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Sep 1, 2026: “Placed on the Union Calendar, Calendar No. 687.”