Prohibits the Securities and Exchange Commission from requiring personally identifiable information under consolidated audit trail reporting.
The Protecting Investors’ Personally Identifiable Information Act prohibits the Securities and Exchange Commission from requiring national securities exchanges, associations, or their members to provide personally identifiable information to meet consolidated audit trail reporting requirements. This information includes names, addresses, birth dates, Social Security numbers, telephone numbers, emails, and IP addresses. The act aims to protect investors' privacy by excluding such data from mandatory collection under these reporting requirements.
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- Core Provisions
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- Legal Framework
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