House bill HR4628-118

Financial Services Committee

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.

• Last activity on Jul 13, 2023

• Introduced Jul 13, 2023

• By Rep. Mooney, Alexander X. [R-WV-2]

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Main Subject: Finance and financial sector

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.

House floor actions Actions

IntroReferral
Jul. 13 2023	Referred to the House Committee on Financial Services.

Library of Congress Actions

IntroReferral
Jul. 13 2023	Introduced in House Introduced in House

House bill HR4628-118

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.

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