Mandatory Materiality Requirement Act of 2022
United States117th CongressS-5005Senate
Updated: Dec 13, 2022
Summary
Mandatory Materiality Requirement Act of 2022 This bill limits additional disclosure requirements applicable to issuers of securities. Specifically, the Securities and Exchange Commission may only require an additional disclosure if the commission determines that there is a substantial likelihood that a reasonable investor of the issuer would consider the information important with respect to an investment decision.
Bill texts
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Timeline
Latest companion bill action
HR-9408: Mandatory Materiality Requirement Act of 2022Referred to the House Committee on Financial Services.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
Senate
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