HR 3318 · 119th Congress · Finance and Financial Sector

SEC Modernization Act

Introduced 2025-05-09· Sponsored by Rep. Downing, Troy [R-MT-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2025-05-09)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3318 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3318 To require the reorganization of certain offices within the Securities and Exchange Commission, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 9, 2025 Mr. Downing introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To require the reorganization of certain offices within the Securities and Exchange Commission, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``SEC Modernization Act''. SEC. 2. COMMISSION ORGANIZATION. (a) Changes to the Organization of the Commission.-- (1) In general.--The Securities and Exchange Commission shall-- (A) transfer the Office of the Secretary, the Office of the Ethics Counsel, and the Office of International Affairs into the Office of the General Counse…

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