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Promoting Transparent Standards for Corporate Insiders Act
This bill directs the Securities and Exchange Commission (SEC) to study and report on possible revisions to regulations regarding Rule 10b5-1 trading plans. (Such plans allow certain employees of publicly traded corporations to sell their shares without violating insider trading prohibitions.) The SEC must revise regulations consistent with the results of the study.
Written by the nonpartisan Congressional Research Service, describing H.R. 624 as passed House on Jan 28, 2019. It is not the text of the measure; a later amendment may have changed what it does.
House Jan 28, 2019
Promoting Transparent Standards for Corporate Insiders Act
Passed · Two-thirds required
413 Yea 3 Nay 16 not voting
Crossed both parties 3 of 416 voting members broke with their own party: 3 Republicans.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
432 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 624 and vote against it. 1 signed when it was filed.
Organizations that named H.R. 624 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
27 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.