About the bill
H.R. 78 replaces guidance adopted by the Securities and Exchange Commission (SEC) in 2012 that currently governs the use of economic analysis in SEC rulemakings. H.R. 78 would require the SEC to identify and assess the significance of problems prior to regulating. The bill further requires the SEC’s Chief Economist to conduct a cost-benefit analysis when the SEC is promulgating regulations (including alternatives) and to provide an explanation describing the decision-making process, including the implications of not regulating. The bill requires the SEC to review existing regulations ...
Sponsor and status
Sponsor. Representative for Missouri's 2nd congressional district. Republican.
Last Updated: Jan 17, 2017
Length: 12 pages
H.R. 78 is a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
Civic Impulse. (2017). H.R. 78 — 115th Congress: SEC Regulatory Accountability Act. Retrieved from https://www.govtrack.us/congress/bills/115/hr78
“H.R. 78 — 115th Congress: SEC Regulatory Accountability Act.” www.GovTrack.us. 2017. December 16, 2017 <https://www.govtrack.us/congress/bills/115/hr78>
|title=H.R. 78 (115th)
|accessdate=December 16, 2017
|author=115th Congress (2017)
|date=January 3, 2017
|quote=SEC Regulatory Accountability Act
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