A bill to amend the Securities Exchange Act of 1934 to require the disclosure of the total number of the domestic and foreign employees of a company, and for other purposes.
Outsourcing Accountability Act of 2017 This bill amends the Securities Exchange Act of 1934 to require an issuer that is registered with the Securities and Exchange Commission (SEC) to disclose to the SEC specified information related to the number of domestic and foreign employees of the issuer and its subsidiaries. An issuer that is an "emerging growth company" (in general, a newly public company with revenues below a specified threshold) shall be exempt from the bill's disclosure requirement.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Business recordsCorporate finance and managementFinancial services and investmentsForeign and international corporationsForeign laborSecuritiesUnemployment
A bill to amend the Securities Exchange Act of 1934 to require the disclosure of the total number of the domestic and foreign employees of a company, and for other purposes.
USA115th CongressS-380| Senate
| Updated: 2/15/2017
Outsourcing Accountability Act of 2017 This bill amends the Securities Exchange Act of 1934 to require an issuer that is registered with the Securities and Exchange Commission (SEC) to disclose to the SEC specified information related to the number of domestic and foreign employees of the issuer and its subsidiaries. An issuer that is an "emerging growth company" (in general, a newly public company with revenues below a specified threshold) shall be exempt from the bill's disclosure requirement.
Business recordsCorporate finance and managementFinancial services and investmentsForeign and international corporationsForeign laborSecuritiesUnemployment