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Contact Congress about H.R. 1483: Protecting Investors’ Personally Identifiable Information Act

The SEC could no longer require exchanges and brokers to send personal investor details into CAT, a federal trade-tracking system. Trade reports would still exist, but names, Social Security numbers, emails, IP addresses, and similar data could not be required.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Protecting Investors’ Personally Identifiable Information Act is a House bill in committee. The latest recorded action: Referred to the House Committee on Financial Services.

Latest action on H.R. 1483: Referred to the House Committee on Financial Services.

Who this affects: This bill mainly affects investors whose trades are tracked in CAT, the federal trade-tracking system. It also affects exchanges, securities associations, brokers, and other member firms that send trade reports. The SEC and market regulators would also feel the change because they may need different ways to connect trading activity to specific people.

Why this matters: This bill matters because it would change how much personal investor data sits in a central trade-tracking system. That could lower privacy and breach risks for investors. It could also make some investigations slower if regulators need extra steps to connect trades to real people. The bill does not say how the SEC should replace that lost identifying data.

Key provisions in H.R. 1483

  • The SEC could not require personal identifying data in CAT reports from national securities exchanges, national securities associations, or their members.
  • The rule covers CAT reports about stock orders and reportable events. It applies to the current SEC rule at 17 C.F.R. 242.613(c)(7) and any later rule that replaces it.
  • Personal identifying information means data that can identify one person by itself or when matched with other linked information.
  • The bill gives clear examples of personal identifying information. These include name, address, date or year of birth, Social Security number, phone number, email address, and IP address.
  • CAT reporting would still exist. The bill only limits the personal data that can be required about individual market participants.

How Modern Action helps you take action on H.R. 1483

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.R. 1483

What is H.R. 1483?
The SEC could no longer require exchanges and brokers to send personal investor details into CAT, a federal trade-tracking system. Trade reports would still exist, but names, Social Security numbers, emails, IP addresses, and similar data could not be required.
How do I support or oppose H.R. 1483?
Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.
Who should I contact about H.R. 1483?
Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.
Can Modern Action explain H.R. 1483 before I act?
Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.