Mandatory Materiality Requirement Act of 2023

United States118th CongressS-2005Senate
Updated: Jun 15, 2023

Summary

Mandatory Materiality Requirement Act of 2023 This bill requires the Securities and Exchange Commission (SEC) to limit issuer disclosure requirements made in a rulemaking. Specifically, the SEC must provide that an issuer of securities is only required to disclose information in response to a rulemaking if the issuer determines that this information is important to a voting or investment decision regarding the issuer.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-4168: Mandatory Materiality Requirement Act of 2023

Referred to the House Committee on Financial Services.

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

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