In CommitteeFiled Aug 6, 2026
Sponsor: Sen. Reed, Jack [D-RI] (D)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4520-4521)
Aug 6, 2026
Summary
The bill changes the Securities Exchange Act of 1934 to make it illegal for people who possess material, nonpublic information to trade securities or share that information. It targets insiders, brokers, and any person who might use such information for profit. The aim is to strengthen insider‑trading rules and protect market fairness.
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