S 2005 · 118th Congress · Finance and Financial Sector
Mandatory Materiality Requirement Act of 2023
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2023-06-15)
Plain Language Summary
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Mandatory Materiality Requirement Act of 2023 This bill requires the Securities and Exchange Commission (SEC) to limit issuer disclosure requirements made in a rulemaking. Specifically, the SEC must provide that an issuer of securities is only required to disclose information in response to a rulemaking if the issuer determines that this information is important to a voting or investment decision regarding the issuer.…
Summarized by Claude AI · Non-partisan · For informational purposes only