I 
117TH CONGRESS 
2D SESSION 
H. R. 7120 
To require the Securities and Exchange Commission to promulgate regulations 
relating to the disclosure of certain commercial data, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 17, 2022 
Mr. FOSTER introduced the following bill; which was referred to the Com-
mittee on Energy and Commerce, and in addition to the Committee on 
Financial Services, for a period to be subsequently determined by the 
Speaker, in each case for consideration of such provisions as fall within 
the jurisdiction of the committee concerned 
A BILL 
To require the Securities and Exchange Commission to pro-
mulgate regulations relating to the disclosure of certain 
commercial data, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Designing Accounting 
Safeguards to Help Broaden Oversight And Regulations 
on Data Act of 2022’’ or the ‘‘DASHBOARD Act of 
2022’’. 
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SEC. 2. DEFINITIONS. 
In this Act: 
(1) COMMISSION.—The term ‘‘Commission’’ 
means the Securities and Exchange Commission. 
(2) ISSUER.—The term ‘‘issuer’’ has the mean-
ing given the term in section 3(a) of the Securities 
and Exchange Act of 1934 (15 U.S.C. 78c(a)). 
(3) OTHER
DEFINITIONS.—The terms ‘‘com-
mercial data operator’’, ‘‘user’’, and ‘‘user data’’ 
have the meaning given those terms, respectively, 
under section 13(s)(1) of the Securities Exchange 
Act of 1934. 
SEC. 3. COMMERCIAL DATA OPERATORS. 
(a) REQUIREMENTS.— 
(1) IN GENERAL.—A commercial data operator 
shall— 
(A) on a routine basis, and not less fre-
quently than once every 90 days— 
(i) provide each user of the commer-
cial data operator with an assessment of 
the economic value that the commercial 
data operator places on the data of that 
user; and 
(ii) in a clear and conspicuous man-
ner, in accordance with paragraph (3), 
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identify to each user of the commercial 
data operator— 
(I) the types of data collected 
from users of the commercial data op-
erator, whether by the commercial 
data operator or another person pur-
suant to an agreement with the com-
mercial data operator; and 
(II) the ways that the data of a 
user of the commercial data operator 
are used if the use is not directly or 
exclusively related to the online serv-
ice that the commercial data operator 
provides to the user; and 
(B) except as provided in paragraph (2), 
provide a user of the commercial data operator 
with the ability to delete all data, in the aggre-
gate and for an individual field, that the com-
mercial data operator possesses, or maintains 
control or access to with respect to the user, 
through— 
(i) a single setting; or 
(ii) another clear and conspicuous 
mechanism by which the user may make 
such a deletion. 
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