[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8241 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 8241

To amend the Securities Exchange Act of 1934 to require the Chairman of 
 the Securities and Exchange Commission to semiannually testify before 
       Congress with regard to the activities of the Commission.


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                    IN THE HOUSE OF REPRESENTATIVES

                              May 2, 2024

Mrs. Wagner (for herself, Mr. Garbarino, Mr. Meuser, Mr. Huizenga, and 
  Mr. Emmer) introduced the following bill; which was referred to the 
                    Committee on Financial Services

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                                 A BILL


 
To amend the Securities Exchange Act of 1934 to require the Chairman of 
 the Securities and Exchange Commission to semiannually testify before 
       Congress with regard to the activities of the Commission.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``SEC Transparency Act of 2024''.

SEC. 2. SEMIANNUAL TESTIMONY TO CONGRESS REGARDING ACTIVITIES OF THE 
              SECURITIES AND EXCHANGE COMMISSION.

    Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is 
amended by adding at the end the following:
    ``(l) Semiannual Testimony to Congress.--The Chairman of the 
Commission shall, not less than once every 6 months after the date of 
the enactment of this subsection, testify before the Committee on 
Financial Services of the House of Representatives and the Committee on 
Banking, Housing, and Urban Affairs of the Senate on the activities of 
the Commission. At least once annually, the Commissioners shall join 
the Chairman with respect to testifying pursuant to the preceding 
sentence.''.
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