Reward Work Act This bill prohibits issuers from purchasing their own securities on a national exchange. The bill also requires one-third of an issuer's board of directors to be elected by employees in order for the issuer to be allowed to register securities.
Administrative law and regulatory proceduresCorporate finance and managementLabor-management relationsLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)
To prohibit public companies from repurchasing their shares on the open market, and for other purposes.
USA115th CongressHR-6096| House
| Updated: 6/13/2018
Reward Work Act This bill prohibits issuers from purchasing their own securities on a national exchange. The bill also requires one-third of an issuer's board of directors to be elected by employees in order for the issuer to be allowed to register securities.
Administrative law and regulatory proceduresCorporate finance and managementLabor-management relationsLicensing and registrationsSecuritiesSecurities and Exchange Commission (SEC)