3.0.0 1885 2022-11-01T13:51:03Z 2022-11-01T13:51:03Z Senate S 2019-06-18 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2019-06-18T19:09:24Z Corporate Management Accountability Act of 2019 116 4320 HR 2019-12-11 Placed on the Union Calendar, Calendar No. 268. Related bill CRS 2019-06-18 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 S3658) IntroReferral 2019-06-18 Introduced in Senate IntroReferral 10000 9 Library of Congress R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. N Finance and Financial Sector Administrative law and regulatory procedures Business records Civil actions and liability Commerce Corporate finance and management Securities Securities and Exchange Commission (SEC) Wages and earnings Finance and Financial Sector 00 2019-06-18 Introduced in Senate 2020-01-09T15:50:37Z Corporate Management Accountability Act of 2019

This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.

]]> Corporate Management Accountability Act of 2019 Display Title Corporate Management Accountability Act of 2019 Short Title(s) as Introduced Corporate Management Accountability Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to ensure that irresponsible corporate executives, rather than shareholders, pay fines and penalties. Introduced in Senate IS Introduced in Senate 2019-06-18T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1885is/xml/BILLS-116s1885is.xml 2019-06-18 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3658) 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.