'Privacy nightmare': 19 states fight SEC's investor tracker
Fox News
Twenty-three officials are sending a letter to Speaker Mike Johnson, calling for him to send the Protecting Investors' Personally Identifiable Information Act to the floor.
Charles Creitz is a reporter for Fox News Digital.
Loudermilk’s bill, H.R. 4551, formally prohibits the SEC from requiring personally identifiable information to be collected under the SEC’s new program and "for other purposes." He joined Fox News in 2013 as a writer and production assistant.
If the bill passes, the signatories argue it could stymie the Securities and Exchange Commission from continuing its implementation of changes to the Consolidated Audit Trail (CAT), a tracking mechanism for trading activity on the stock market. Charles covers media, politics and culture for Fox News Digital.
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