Market Data Protection Act of 2017
USA115th CongressHR-3973| House
| Updated: 11/14/2017
Warren Davidson
Republican Representative
Ohio
Cosponsors (1)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Market Data Protection Act of 2017 (Sec. 2) This bill amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission, the Financial Industry Regulatory Authority, and the operator of the consolidated audit trail (a database that tracks trading in equities and options markets) to develop internal risk control mechanisms to protect stored market data. The operator of the consolidated audit trail may not accept market data until these mechanisms are developed.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 59 - 1.
Placed on the Union Calendar, Calendar No. 299.
Reported by the Committee on Financial Services. H. Rept. 115-405.
Mr. Huizenga moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H9140-9142)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3973.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H9140)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H9140)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Banking and financial institutions regulationSecurities
Market Data Protection Act of 2017
USA115th CongressHR-3973| House
| Updated: 11/14/2017
Market Data Protection Act of 2017 (Sec. 2) This bill amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission, the Financial Industry Regulatory Authority, and the operator of the consolidated audit trail (a database that tracks trading in equities and options markets) to develop internal risk control mechanisms to protect stored market data. The operator of the consolidated audit trail may not accept market data until these mechanisms are developed.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 59 - 1.
Placed on the Union Calendar, Calendar No. 299.
Reported by the Committee on Financial Services. H. Rept. 115-405.
Mr. Huizenga moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H9140-9142)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3973.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H9140)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H9140)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Warren Davidson
Republican Representative
Ohio
Cosponsors (1)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Banking and financial institutions regulationSecurities