ABSTRACT

H. Rept. 116-219: Insider Trading Prohibition Act, Report Together with Minority Views, to Accompany H.R. 2534, Including Cost Estimate of the Congressional Budget Office, September 27, 2019   [open pdf - 420KB]

From the Purpose and Summary: "H.R. 2534, the Insider Trading Act, sponsored by Rep. Jim Himes, formally codifies the prohibition against insider trading, creating a clear, consistent standard for both courts and market participants to follow. The bill largely codifies the existing case law on insider trading. However, the bill overturns a controversial judicially-imposed requirement that an individual who receives insider information know about the specific personal benefit received by the individual who discloses the information."

Report Number:
H. Rept. 116-219; House Report 116-219
Publisher:
Date:
2019-09-27
Copyright:
Public Domain
Retrieved From:
U. S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations