H.R. 2022 · 108th Congress

Leave No Securities Behind Act

Stage
In committee
Introduced
2003-05-07
Latest action
2003-05-23 · Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Summary

Leave No Securities Behind Act - Amends the Federal National Mortgage Association Charter Act to extend Securities and Exchange Commission (SEC) authority to mortgage-backed and subordinate obligations, and corporate securities (with an exemption for approved sellers) of the Federal National Mortgage Association (Fannie Mae).Amends the Federal Home Loan Mortgage Corporation Act to extend SEC authority to corporate securities (with an exception for approved sellers) of the Federal Home Loan Mortgage Corporation (Freddie Mac).Amends the Securities Act of 1933 to limit specified SEC registration fees.