Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 4628: To amend the Securities Exchange Act of 1934 to require the Securities and Exchange Commission to disclose and report on non-material disclosure mandates, and for other purposes.

Introduced

  1. Introduced (completed)Jul 13, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jul 13, 2023

This bill requires the Securities and Exchange Commission (SEC) to report on its website each required disclosure of nonmaterial information under federal securities laws and regulations and a justification for the disclosure. The SEC must also report this information to Congress every five years.

The bill also establishes that a person's failure to disclose such nonmaterial information is not a liability in a private action.

Written by the Congressional Research Service, Library of Congress.

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Other bills by Alexander Mooney

History

  1. Jul 13, 2023Introduced in the House by Alexander Mooney.
Show the full action history (2 actions)
  1. Jul 13, 2023Introduced in House
  2. Jul 13, 2023Referred to the House Committee on Financial Services.