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S. 2373 112th Congress Senate

SEC Regulatory Accountability Act

Official title: A bill to improve the consideration by the Securities and Exchange Commission of the costs and benefits of its regulations and orders.

Introduced: April 26, 2012 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresCorporate finance and managementFinancial services and investmentsGovernment studies and investigations
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SecuritiesSecurities and Exchange Commission (SEC)
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 26, 2012
Introduced in Senate
Apr 26, 2012
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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 Latest action April 26, 2012

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

SEC Regulatory Accountability Act - Amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission (SEC), before promulgating a regulation or issuing any order, to: (1) identify the nature and significance of the problem that the proposed regulation is designed to address in order to assess whether any new regulation is warranted; (2) use the Office of the Chief Economist to assess the costs and benefits of the intended regulation and adopt it only on a determination that its benefits justify the costs; (3) ensure that any regulation is accessible, consistent, written in plain language, and easy to understand; and (4) measure and seek to improve the actual results of regulatory requirements.

Directs the SEC to review its regulations and orders periodically to determine their efficacy and whether to modify or repeal them.

 Related & companion bills 2
  • HR 2308 SEC Regulatory Accountability Act
  • HR 4078 Red Tape Reduction and Small Business Job Creation Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 2373: SEC Regulatory Accountability Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-2373/
MLA
"S. 2373: SEC Regulatory Accountability Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-2373/.
Bluebook (legal)
S. 2373, 112th Cong. (2026), https://openamerica.io/bill/112-S-2373/.
Markdown link
[S. 2373: SEC Regulatory Accountability Act](https://openamerica.io/bill/112-S-2373/)
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