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H.R. 1483: Protecting Investors’ Personally Identifiable Information Act

119th Congress · introduced 2025-02-21 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 687.

federal

What does this mean?

Official title

Protecting Investors’ Personally Identifiable Information Act

Plain summary

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).

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Protecting Investors’ Personally Identifiable Information Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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Officials and money

Sponsor: Rep. Loudermilk, Barry [R-GA-11] · 5 cosponsors

Cost estimate: CBO cost estimate: H.R. 1483, Protecting Investors’ Personally Identifiable Information Act (2026-08-04)

Cosponsors on this site

Ann Wagner (R-MO), Daniel Meuser (R-PA), Bill Huizenga (R-MI), Zachary Nunn (R-IA), Troy Downing (R-MT)

Sponsor's campaign money: Rep. Loudermilk, Barry [R-GA-11] reported raising $263,729 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr1483 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills