H.R. 4019 · 118th Congress
SEC Stabilization Act of 2023
- Stage
- In committee
- Sponsor
- Warren Davidson
- Introduced
- 2023-06-12
- Latest action
- 2023-06-12 · Introduced in House
Summary
SEC Stabilization Act of 2023
This bill expands the composition of the Securities and Exchange Commission from five commissioners to six, extends the term of the commissioners from five years to six, and creates an executive director position. If appointing two commissioners whose terms end on the same date, the President is prohibited from appointing individuals from the same political party.