Modernizing Disclosures for Investors Act
Summary
Official Summary
Modernizing Disclosures for Investors Act
(Sec. 2) This bill directs the Securities and Exchange Commission to: (1) report on the costs and benefits of requiring reporting companies to use Form 10-Q to satisfy quarterly financial disclosure requirements; and (2) make recommendations for decreasing costs, increasing transparency, and increasing efficiency of quarterly financial reporting by emerging growth companies.
Bill texts
Timeline
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
House of Representatives
Motion to reconsider laid on the table Agreed to without objection. (text: CR H6013)
House of Representatives
The title of the measure was amended. Agreed to without objection.
House of Representatives
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate