H.R. 3032 · 114th Congress
Securities and Exchange Commission Reporting Modernization Act
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 114th Congress ended.
D
SinemaSponsor2 cosponsors · 1 D, 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Jul 10, 2015
- House Passed Nov 16, 2015
Securities and Exchange Commission Reporting Modernization Act
What it does: CRS summary · Passed House without amendment · Nov 16, 2015
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Securities and Exchange Commission Reporting Modernization Act
(Sec. 2) This bill amends the Securities Exchange Act of 1934 to repeal the requirement that the Securities and Exchange Commission (SEC) compile an annual tabulation of the occasions on which it has used specified law, including the Right to Financial Privacy Act of 1978, to obtain access to financial records of a customer and include it in its annual report to the Congress.
(The specified law referred to is the authority of the SEC to gain access to and obtain copies of, or the information contained in, financial records of a customer from a financial institution without prior notice to the customer upon an ex parte showing to an appropriate U.S. district court that the SEC seeks such records pursuant to a subpena, if certain circumstances exist and certain requirements are met.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Securities and Exchange Commission Reporting Modernization Act
Latest action (Nov 17, 2015): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 10, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Jul 10, 2015
- House Passed Nov 16, 2015
No recorded floor vote found.