HR 7030 · 118th Congress · Finance and Financial Sector
REG Act of 2024
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2024-01-18)
Plain Language Summary
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Review the Expansion of Government Act of 2024 or the REG Act of 2024 This bill requires the Securities and Exchange Commission (SEC) to review its final rules every five years to determine if revision is necessary or appropriate to facilitate capital formation, to maintain fair and orderly markets, and for investor protection. The SEC must periodically report to Congress on this effort. When engaged in rulemaking, the SEC must consider whether a new rule will promote efficiency, competition, and capital formation when considered cumulatively with other rules and regulations.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (5)
5 Republicans