HR 6127 · 112th Congress · Finance and Financial Sector

Liquidity Enhancement for Small Public Companies Act

Introduced 2012-07-13· Sponsored by Rep. McHenry, Patrick T. [R-NC-10]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.(2012-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Liquidity Enhancement for Small Public Companies Act - Amends the Securities Exchange Act of 1934 to prohibit the Securities and Exchange Commission (SEC) from proposing, adopting, maintaining, or enforcing any rule, regulation, policy, or procedure that bars a national securities exchange from implementing a program under which either the exchange, an entity that lists securities on a national securities exchange, an entity determined appropriate by the SEC, or any other entity determined appropriate by a national securities exchange provides financial incentives to market makers that adhere to standards of market quality established by the rules of the exchange. Prohibits a registered national securities association from adopting, maintaining, or proposing any rule, regulation, policy, or procedure that bars a national securities exchange from implementing a program under which the securities of an issuer determined appropriate by the SEC for listing on a national securities exchange provides financial incentives to market makers that adhere to standards of market quality established by the exchange.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican