HR 9408
117th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Business investment and capital
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
Mandatory Materiality Requirement Act of 2022
Introduced: December 2, 2022
Introduced by:
Huizenga, Bill
Republican
· Michigan
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 2, 2022
Referred to the House Committee on Financial Services.
Dec 2, 2022
Introduced in House
Plain-English summary
Mandatory Materiality Requirement Act of 2022
This bill limits additional disclosure requirements applicable to issuers of securities. Specifically, the Securities and Exchange Commission may only require an additional disclosure if the commission determines that there is a substantial likelihood that a reasonable investor of the issuer would consider the information important with respect to an investment decision.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1
Cosponsors
1