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Mandatory Materiality Requirement Act of 2022

USA117th CongressS-5005| Senate 
| Updated: 12/13/2022
Mike Rounds

Mike Rounds

Republican Senator

South Dakota

Cosponsors (7)
Dan Sullivan (Republican)Thomas Tillis (Republican)Cynthia M. Lummis (Republican)John Boozman (Republican)Bill Hagerty (Republican)Chuck Grassley (Republican)Steve Daines (Republican)

Securities, Insurance, and Investment Subcommittee, Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 2, 2022

Latest Companion Bill Action

HR 117-9408
Introduced in House
Dec 13, 2022
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • December 2, 2022

    Latest Companion Bill Action

    HR 117-9408
    Introduced in House


  • December 13, 2022
    Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.

Finance and Financial Sector

Related Bills

  • HR 117-9408: Mandatory Materiality Requirement Act of 2022
Administrative law and regulatory proceduresBusiness investment and capitalFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)

Mandatory Materiality Requirement Act of 2022

USA117th CongressS-5005| Senate 
| Updated: 12/13/2022
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 2, 2022

Latest Companion Bill Action

HR 117-9408
Introduced in House
Dec 13, 2022
Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • December 2, 2022

    Latest Companion Bill Action

    HR 117-9408
    Introduced in House


  • December 13, 2022
    Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
Mike Rounds

Mike Rounds

Republican Senator

South Dakota

Cosponsors (7)
Dan Sullivan (Republican)Thomas Tillis (Republican)Cynthia M. Lummis (Republican)John Boozman (Republican)Bill Hagerty (Republican)Chuck Grassley (Republican)Steve Daines (Republican)

Securities, Insurance, and Investment Subcommittee, Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 117-9408: Mandatory Materiality Requirement Act of 2022
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBusiness investment and capitalFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)