H.R. 5970 · 115th Congress
Simplifying Disclosures for Investors Act
- Stage
- Passed a chamber
- Sponsor
- Ann Wagner
- Introduced
- 2018-05-24
- Latest action
- 2018-07-11 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
Modernizing Disclosures for Investors Act
(Sec. 2) This bill directs the Securities and Exchange Commission to: (1) report on the costs and benefits of requiring reporting companies to use Form 10-Q to satisfy quarterly financial disclosure requirements; and (2) make recommendations for decreasing costs, increasing transparency, and increasing efficiency of quarterly financial reporting by emerging growth companies.