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H.R. 1815: SEC Disclosure Effectiveness Testing Act

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To require the Securities and Exchange Commission, when developing rules and regulations about disclosures to retail investors, to conduct investor testing, including a survey and interviews of retail investors, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Sean Casten

Sponsor. Representative for Illinois's 6th congressional district. Democrat.

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Last Updated: Jun 20, 2019
Length: 8 pages
Introduced
Mar 18, 2019
Status

Ordered Reported on Mar 28, 2019

The committees assigned to this bill sent it to the House or Senate as a whole for consideration on March 28, 2019.

Prognosis
20% chance of being enacted according to Skopos Labs (details)
Source

Position statements

What stakeholders are saying

Institute for Spending Reform: SpendingTracker.org estimates H.R. 1815 will add $156 million in new spending through 2024.

History

Mar 18, 2019
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Mar 26, 2019
 
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Mar 28, 2019
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

If this bill has further action, the following steps may occur next:
 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 1815 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:

“H.R. 1815 — 116th Congress: SEC Disclosure Effectiveness Testing Act.” www.GovTrack.us. 2019. June 24, 2019 <https://www.govtrack.us/congress/bills/116/hr1815>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.