HOUSE 4168118th CongressReferred to the House Committee on Financial Services.
Mandatory Materiality Requirement Act of 2023
- Last Action
- 6/15/2023
Actions
- 2023-06-15Referred to the House Committee on Financial Services.
- 2023-06-15Introduced in House
- 2023-06-15Introduced in House
CRS Summary
As of 2023-06-15 (00)
Mandatory Materiality Requirement Act of 2023
This bill requires the Securities and Exchange Commission (SEC) to limit issuer disclosure requirements made in a rulemaking. Specifically, the SEC must provide that an issuer of securities is only required to disclose information in response to a rulemaking if the issuer determines that this information is important to a voting or investment decision regarding the issuer.
Cosponsors (1)
- Andy Barr (R-KY)
Subjects
- Administrative law and regulatory procedures
- Business investment and capital
- Financial services and investments
- Securities
- Securities and Exchange Commission (SEC)
Sourced from Congress.gov (public domain).
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