118 HR 8255 IH: To establish a minimum public comment period with respect to proposed rules issued by the Securities and Exchange Commission. U.S. House of Representatives 2024-05-06 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.

I118th CONGRESS2d SessionH. R. 8255IN THE HOUSE OF REPRESENTATIVESMay 6, 2024Mr. Lucas introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo establish a minimum public comment period with respect to proposed rules issued by the Securities and Exchange Commission.

1.

Minimum public comment period

Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended by adding at the end the following:(l)

Minimum public comment period

(1)

In general

With respect to a proposed rulemaking for which a public comment period is required under section 553 of title 5, United State Code, the Commission shall provide a public comment period of—(A)at least 60 days; or(B)if the Commission determines the proposed rule addresses imminent investor harm, at least 30 days.(2)

Calculation of periods

For purposes of calculating the number of days in a period under paragraph (1) with respect to a proposed rulemaking—(A)a Federal holiday shall not be counted; and(B)the period shall begin on the date the proposed rule is published in the Federal Register..