3.0.0 2373 2019-02-20T23:28:17Z 2019-02-23T21:34:56Z Senate S S 2012-04-26 112 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2012-04-26T16:47:33Z SEC Regulatory Accountability Act 112 2308 HR 2012-04-25 Placed on the Union Calendar, Calendar No. 317. Related bill CRS Red Tape Reduction and Small Business Job Creation Act 112 4078 HR 2012-07-31 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 477. Related bill CRS 2012-04-26 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2012-04-26 Introduced in Senate IntroReferral 10000 9 Library of Congress V000127 Sen. Vitter, David [R-LA] David Vitter R LA N Finance and Financial Sector Administrative law and regulatory procedures Corporate finance and management Financial services and investments Government studies and investigations Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2012-04-26 Introduced in Senate 2012-05-04T14:55:10Z SEC Regulatory Accountability Act - Amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission (SEC), before promulgating a regulation or issuing any order, to: (1) identify the nature and significance of the problem that the proposed regulation is designed to address in order to assess whether any new regulation is warranted; (2) use the Office of the Chief Economist to assess the costs and benefits of the intended regulation and adopt it only on a determination that its benefits justify the costs; (3) ensure that any regulation is accessible, consistent, written in plain language, and easy to understand; and (4) measure and seek to improve the actual results of regulatory requirements.

Directs the SEC to review its regulations and orders periodically to determine their efficacy and whether to modify or repeal them.

]]> SEC Regulatory Accountability Act Short Titles as Introduced SEC Regulatory Accountability Act Display Title SEC Regulatory Accountability Act Official Title as Introduced A bill to improve the consideration by the Securities and Exchange Commission of the costs and benefits of its regulations and orders. Introduced in Senate 2012-04-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s2373is/xml/BILLS-112s2373is.xml 2012-04-26 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.