[House Prints 115-46]
[From the U.S. Government Publishing Office]


 




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                        DECEMBER 7, 2017 
                        
                        
 
                  RULES COMMITTEE PRINT 115-46 
            
            TEXT OF H.R. 4015, CORPORATE GOVERNANCE 
              REFORM AND TRANSPARENCY ACT OF 2017 
              
      [Showing the text of H.R. 4015 as ordered reported by the 
                   Committee on Financial Services.] 
                   
                   
1  SECTION 1. SHORT TITLE.  

2       This Act may be cited as the "Corporate Governance  

3  Reform and Transparency Act of 2017".  

4  SEC. 2. DEFINITIONS.  

5       (a) SECURITIES EXCHANGE ACT OF 1934.--Section  

6  3(a) of the Securities Exchange Act of 1934 (15 U.S.C.  

7  78c(a)) is amended by adding at the end the following new  

8  paragraphs:  

9             "(81)  PROXY  ADVISORY  FIRM.--The  term  

10       'proxy advisory firmï¿½ means any person who is pri- 

11       marily engaged in the business of providing proxy  

12       voting research, analysis, ratings, or recommenda-  

13       tions to clients, which conduct constitutes a solicita-  

14       tion within the meaning of section 14 and the Com- 

15       missionï¿½s rules and regulations thereunder, except to  

16       the extent that the person is exempted by such rules  

17       and regulations from requirements otherwise appli- 

18       cable to persons engaged in a solicitation.  



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December 7, 2017 (11:36 a.m.) 


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