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115-hr-3973115th Congress

Market Data Protection Act of 2017

Sponsored By: Representative Davidson, Warren [R-OH-8]

Unknown

Summary

Market Data Protection Act of 2017 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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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Davidson, Warren [R-OH-8]

OH • R

Cosponsors

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 10/5/2017

Roll Call Votes

No roll call votes available for this bill.

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