H.R. 4571 · 113th Congress
To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.
- Stage
- Reported from committee
- Sponsor
- Randy Hultgren
- Introduced
- 2014-05-06
- Latest action
- 2014-05-22 · Committee Consideration and Mark-up Session Held.
Summary
Directs the Securities and Exchange Commission (SEC) to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $20 million (currently $5 million).
Directs the SEC to index that aggregate sales price or amount for inflation every 5 years.