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118-hr-9709Committee
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8–K Trading Gap Act of 2024

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Summary

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The 8-K Trading Gap Act of 2024 amends the Securities Exchange Act of 1934 to require the SEC to issue rules prohibiting officers and directors of public companies from trading company securities between the occurrence of a reportable event and the filing of a Form 8-K current report disclosing that event. The rules would apply to events in sections 1–6 of Form 8-K (from event occurrence to filing) and sections 7–8 (from when the company determines it will disclose to filing). The SEC may exempt certain automatic or pre-planned transactions, but cannot exempt plans adopted during the trading window, and must exempt investment companies and events already publicly announced.

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Bill details

Congress
118
Bill type
hr
Introduced
September 19, 2024
Sponsor
Not yet available
Last action
September 19, 2024— Referred to the House Committee on Financial Services.

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