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.
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.
Administrative law and regulatory proceduresBusiness investment and capitalFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)