A bill to amend the Securities Exchange Act of 1934 to impose disclosure requirements on persons acquiring more than 5 per centum of certain classes of securities.

[AI summary unavailable — showing source text] Amends the Securities Exchange Act of 1934 to require any person whose acquisition results in ownership of more than five percent of an issuer's equity securities to file specified information with the issuer, appropriate exchanges, and the Securities and Exchange Commission within 24 hours (currently, ten days).…