S. 3923 · 117th Congress

Dodd-Frank Material Disclosure Improvement Act

Stage
In committee
Introduced
2022-03-24
Latest action
2022-04-05 · Committee on Banking, Housing, and Urban Affairs. Hearings held.

Summary

Dodd-Frank Material Disclosure Improvement Act

This bill eliminates disclosure requirements applicable to issuers of securities. Specifically, it eliminates requirements to disclose

the ratio of an issuer's median employee pay to its Chief Executive Officer pay; the use of conflict minerals originating in the Democratic Republic of the Congo by the issuer; health and safety information of mines operated by the issuer; and payments by an oil, natural gas, or mineral extractor to a foreign government or to the federal government.