Protecting Investors’ Personally Identifiable Information Act

This bill prohibits the Securities and Exchange Commission (SEC) from requiring national securities exchanges, associations, or their members to share investors' personally identifiable information (PII) - like names, addresses, or Social Security numbers - for routine consolidated audit trail reporting. It allows the SEC to request PII *only* during investigations into securities law violations or related enforcement actions, and requires exchanges to provide it within 24 hours (or a reasonable extension). The SEC must destroy any such PII within 24 hours after the investigation concludes. The bill directly affects securities exchanges and their members by restricting how they handle investor data under federal reporting rules.