H. R. 1483 aims to prevent the Securities and Exchange Commission (SEC) from requiring that personal information, like names or Social Security numbers, be collected under certain reporting rules for stock market activities. This bill, introduced in the House of...
Simple Explanation
H. R. 1483 is a plan that says the government agency that watches over the buying and selling of company stocks can't ask for people’s personal info, like names or numbers, to keep everyone’s details safe while still checking that everything is fair and legal.