3.0.0 4857 2023-08-18T14:45:21Z 2023-08-18T14:45:22Z Senate S 2022-09-15 117 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Hearings by 2022-12-14T18:51:26Z Referred to 2022-09-15T15:26:06Z 2022-12-14 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Hearings held. Committee 2022-09-15 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 S4640-4641) IntroReferral 2022-09-15 Introduced in Senate IntroReferral 10000 9 Library of Congress R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. N C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV 2022-09-15 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2022-09-15 True Finance and Financial Sector Business records Corporate finance and management Securities Finance and Financial Sector 00 2022-09-15 Introduced in Senate 2023-01-25T20:26:10Z Private Markets Transparency and Accountability Act

This bill requires certain private companies to register with the Securities and Exchange Commission (SEC) and thereby publicly disclose business practices and financial information.

Under current law, companies with assets exceeding $10 million and with a class of securities held by either 2,000 persons, or 500 persons who are not accredited investors, must register with the SEC. In addition, the bill requires companies to register if (1) their valuation exceeds $700 million, or (2) their annual revenue exceeds $5 billion and they have at least 5,000 employees.

]]> Private Markets Transparency and Accountability Act Display Title Private Markets Transparency and Accountability Act Short Title(s) as Introduced Private Markets Transparency and Accountability Act Introduced in Senate IS Official Title as Introduced A bill to amend the Securities Exchange Act of 1934 to require companies to file public reports after meeting certain quantitative thresholds, and for other purposes. Introduced in Senate IS Introduced in Senate 2022-09-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s4857is/xml/BILLS-117s4857is.xml 2022-12-14 Committee on Banking, Housing, and Urban Affairs. Hearings held. 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.