HR 1815 · 116th Congress · Finance and Financial Sector

SEC Disclosure Effectiveness Testing Act

Introduced 2019-03-18· Sponsored by Rep. Casten, Sean [D-IL-6]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2019-10-21)

Recorded Votes

PassedHouse · 2019-10-17
Roll #564
Yea 229Nay 186
Democrats
229 Yea·0 Nay
Republicans
0 Yea·185 Nay
PassedHouse · 2019-10-17
Roll #564
Yea 229Nay 186
Democrats
229 Yea·0 Nay
Republicans
0 Yea·185 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] SEC Disclosure Effectiveness Testing Act This bill requires the Securities and Exchange Commission (SEC) to assess the usefulness of certain disclosure rules to retail investors. Specifically, the SEC must make these assessments regarding both current and new securities rules and regulations that require the disclosure of documents or information to retail investors.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 1815, SEC Disclosure Effectiveness Testing Act

Jun 20, 2019

As ordered reported by the House Committee on Financial Services on March 28, 2019

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office