To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.

Fact Sheet API

Bill Number

HR 4571

Introduced

May 6, 2014

Latest Action

Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.

Sponsor

Cosponsors

Topics

Administrative law and regulatory procedures Business records Corporate finance and management Finance and Financial Sector Financial services and investments Inflation and prices Securities Securities and Exchange Commission (SEC)

Full Text

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Votes

Summary

Directs the Securities and Exchange Commission (SEC) to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $20 million (currently $5 million).

Directs the SEC to index that aggregate sales price or amount for inflation every 5 years.

Actions

May 22, 2014

Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.
May 22, 2014

Committee Consideration and Mark-up Session Held.
May 6, 2014

Referred to the House Committee on Financial Services.
May 6, 2014

Introduced in House
Apr 9, 2014

Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.

Amendments

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