H.R. 1815 · 116th Congress
SEC Disclosure Effectiveness Testing Act
- Stage
- Passed a chamber
- Sponsor
- Sean Casten
- Introduced
- 2019-03-18
- Latest action
- 2019-10-21 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
SEC Disclosure Effectiveness Testing Act
This bill requires the Securities and Exchange Commission (SEC) to assess the usefulness of certain disclosure rules to retail investors. Specifically, the SEC must make these assessments regarding both current and new securities rules and regulations that require the disclosure of documents or information to retail investors.