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8-K Trading Gap Act of 2019

11/1/2022, 1:50 PM

Congressional Summary of HR 4335

8–K Trading Gap Act of 2019

This bill 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.

Current Status of Bill HR 4335

Bill HR 4335 is currently in the status of Bill Introduced since September 16, 2019. Bill HR 4335 was introduced during Congress 116 and was introduced to the House on September 16, 2019.  Bill HR 4335's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of January 14, 2020

Bipartisan Support of Bill HR 4335

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4335

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Banking and financial institutions regulation
- Business records
- Corporate finance and management
- Government information and archives
- Securities

Alternate Title(s) of Bill HR 4335

8-K Trading Gap Act of 2019
8–K Trading Gap Act of 2019
To amend the Securities Exchange Act of 1934 to require the Securities and Exchange Commission to issue rules that prohibit officers and directors of certain companies from trading securities in anticipation of a current report, and for other purposes.
8-K Trading Gap Act of 2019
8–K Trading Gap Act of 2019

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