SENATE 2145117th CongressCommittee on Banking, Housing, and Urban Affairs. Hearings held.
Corporate Management Accountability Act of 2021
- Last Action
- 4/26/2022
Actions
- 2022-04-26Committee on Banking, Housing, and Urban Affairs. Hearings held.
- 2022-04-26Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-738.
- 2021-06-21Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4657)
- 2021-06-21Introduced in Senate
CRS Summary
As of 2021-06-21 (00)
Corporate Management Accountability Act of 2021
This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why it has not done so.
Subjects
- Administrative law and regulatory procedures
- Business records
- Civil actions and liability
- Corporate finance and management
- Securities
- Securities and Exchange Commission (SEC)
- Wages and earnings
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.