Instructs the Securities and Exchange Commission (SEC) to prohibit an investment adviser from engaging in transactions with respect to any security of a company during the 30 days beginning on the date on which such adviser publishes any analysis or report regarding such company or its securities.
Amends the Securities Exchange Act of 1934 to instruct the SEC to prohibit any independent public accountant or associated person from engaging in (auditor) trading or transactions with respect to any security of a company during the 30 days preceding, and the 30 days following, the date on which the accountant certifies any financial document regarding the company or its securities.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E65)
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
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