Improving Disclosure for Investors Act of 2023
- Last Action
- 12/1/2023
Actions
- 2023-12-01Placed on the Union Calendar, Calendar No. 239.
- 2023-12-01Reported (Amended) by the Committee on Financial Services. H. Rept. 118-295.
- 2023-12-01Reported (Amended) by the Committee on Financial Services. H. Rept. 118-295.
- 2023-04-26Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
- 2023-04-26Committee Consideration and Mark-up Session Held.
- 2023-03-27Referred to the House Committee on Financial Services.
- 2023-03-27Introduced in House
- 2023-03-27Introduced in House
CRS Summary
As of 2023-12-01 (07)
Improving Disclosure for Investors Act of 2023
This bill requires the Securities and Exchange Commission (SEC) to propose and finalize rules to allow entities to deliver regulatory documents to investors electronically. The SEC must establish a mechanism for investors to opt out of electronic delivery and receive paper documents instead. If the SEC does not finalize rules within one year after enactment, the bill allows for electronic delivery of these documents.
Cosponsors (4)
- Jake Auchincloss (D-MA)
- Bryan Steil (R-WI)
- Wiley Nickel (D-NC)
- John Rutherford (R-FL)
Subjects
- Business records
- Computers and information technology
- Corporate finance and management
- Securities
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.