H.R. 6127 (112th): Liquidity Enhancement for Small Public Companies Act

Introduced:
Jul 13, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Patrick McHenry [R-NC10]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on July 13, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 13, 2012
Referred to Committee Jul 13, 2012
Cosponsors
1 cosponsors (1R) (show)
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend the Securities Exchange Act of 1934 to enable national securities exchanges to provide financial incentives to market-makers that adhere to objective standards that increase the liquidity and depth of the public capital markets and promote enhanced trading and price-discovery for smaller public companies.

Summary

No summaries available.

Text

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Last updated Jul 13, 2012.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

7/13/2012--Introduced.
Liquidity Enhancement for Small Public Companies Act - Amends the Securities Exchange Act of 1934 to prohibit the Securities and Exchange Commission (SEC) from proposing, adopting, maintaining, or enforcing any rule, regulation, policy, or procedure that bars a national securities exchange from implementing a program under which either the exchange, an entity that lists securities on a national securities exchange, an entity determined appropriate by the SEC, or any other entity determined appropriate by a national securities exchange provides financial incentives to market makers that adhere to standards of market quality established by the rules of the exchange.
Prohibits a registered national securities association from adopting, maintaining, or proposing any rule, regulation, policy, or procedure that bars a national securities exchange from implementing a program under which the securities of an issuer determined appropriate by the SEC for listing on a national securities exchange provides financial incentives to market makers that adhere to standards of market quality established by the exchange.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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