3.0.0 2716 2023-01-11T13:31:43Z 2023-01-11T13:31:43Z Senate S 2016-03-17 114 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2016-03-17T17:30:57Z To update the oil and gas and mining industry guides of the Securities and Exchange Commission. 114 4792 HR 2016-03-17 Referred to the House Committee on Financial Services. Identical bill CRS 2016-03-17 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1597) IntroReferral 2016-03-17 Introduced in Senate IntroReferral 10000 9 Library of Congress R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. N F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2016-03-17 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2016-03-17 True M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2016-04-04 False Finance and Financial Sector Administrative law and regulatory procedures Congressional oversight Government information and archives Mining Oil and gas Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2016-03-17 Introduced in Senate 2016-06-30T18:52:16Z This bill directs the Securities and Exchange Commission (SEC), within 180 days of enactment of this bill, to update:

  • the Securities Act industry guides entitled "Prospectuses relating to interests in oil and gas programs" and "Description of Property by Issuers Engaged or To Be Engaged in Significant Mining Operations,"
  • the Exchange Act industry guide entitled "Description of Property by Issuers Engaged or To Be Engaged in Significant Mining Operations," and
  • regulations concerning disclosure by registrants engaged in oil and gas producing activities.

In making such updates, the SEC shall work with the Investor Advisory Committee, which shall solicit and consider public input or appropriate disclosures to include and make specific recommendations to the SEC.

If the SEC fails to meet the deadline, it must report to and testify before specified congressional committees explaining why it failed to meet it.

]]> A bill to update the oil and gas and mining industry guides of the Securities and Exchange Commission. Display Title A bill to update the oil and gas and mining industry guides of the Securities and Exchange Commission. Official Title as Introduced A bill to update the oil and gas and mining industry guides of the Securities and Exchange Commission. Introduced in Senate IS Introduced in Senate 2016-03-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s2716is/xml/BILLS-114s2716is.xml 2016-03-17 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1597) 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.