SECURITIES EXCHANGE ACT

Bills and resolutions

Business and industry: require certain companies to disclose measures taken to identify and address conditions of forced labor, slavery, human trafficking, and child labor within the company’s supply chains (see H.R. 7089), H9443 [23OC]

FDA: prevent inter partes review process for challenging patents from diminishing competition in the pharmaceutical industry and provide incentives for drug innovation (see S. 3738), S7431 [11DE] (see H.R. 7251), H10102 [11DE]

Municipal Securities Rulemaking Board: increase transparency (see H.R. 5614), H3574 [25AP]

SEC: allow for registration of venture exchanges (see S. 3723), S7356 [6DE] (see H.R. 5877), H4242 [18MY]

——— clarify definition and regulation of digital tokens and tax treatment of virtual currency (see H.R. 7356), H10509 [20DE]

——— create a safe harbor for finders and private placement brokers (see H.R. 6127), H5224 [15JN]

——— establish Senior Investor Taskforce (see S. 3323), S5582 [1AU] (see H.R. 6323), H6041 [10JY]

——— exempt from registration brokers participating in the transfer of ownership of smaller privately-held companies (see S. 3518), S6355 [27SE]

——— expand access to capital for rural small businesses (see S. 2953), S2923 [24MY]

——— expand access to capital for small businesses affected by hurricanes or other natural disasters (see H.R. 4792), H172 [12JA]

——— issue regulations to require public corporations to disclose political expenditures (see H.R. 5670), H3746 [1MY]

——— repeal rule making open market stock repurchases by public companies easier and require percentage of company boards to be picked by employees (see S. 2605), S1947 [22MR] (see H.R. 6096), H5152 [13JN]

——— require certain additional disclosure by pharmaceutical companies relative to the Tax Cuts and Jobs Act (see S. 2885), S2773 [17MY]

——— require disclosure of payments for settlements of disputes regarding sexual abuse and certain types of harassment and discrimination (see S. 2454), S1243 [27FE] (see H.R. 5028), H1178 [14FE]

——— require issuers to disclose in an annual report any substantial financial relationship with any manufacturer or dealer of firearms or ammunition (see H.R. 5106), H1332 [27FE]

——— require issuers with a multi-class stock structure to make certain disclosures in any proxy or consent solicitation material (see H.R. 6322), H6041 [10JY]

——— revise shareholder threshold for registration under Securities Exchange Act (see H.R. 5051), H1212 [15FE]

——— revise shareholder threshold for registration under Securities Exchange Act for issuers that receive support through certain Federal universal service support mechanisms (see S. 3650), S7051 [15NO] (see H.R. 6745), H7941 [7SE]

Remarks in House

SEC: allow for registration of venture exchanges (H.R. 5877), H6003–H6005 [10JY]

——— exempt from registration brokers participating in the transfer of ownership of smaller privately-held companies, H6307 [17JY]

——— expand access to capital for rural small businesses, H648–H650 [29JA]

——— expand access to capital for small businesses affected by hurricanes or other natural disasters (H.R. 4792), H654 [29JA]

——— provide that the definition of a facility of an exchange does not apply to a line of business the purpose of which is not to effect or report a transaction on an exchange, H6308 [17JY]

——— require certain entities to develop internal risk control mechanisms to safeguard and govern the storage of market data (H.R. 3973), H3352 [17AP], H9735 [29NO]

Reports filed

Access to Capital Creates Economic Strength and Supports (ACCESS) Rural America Act: Committee on Financial Services (House) (H.R. 6745) (H. Rept. 115–1077), H10168 [12DE]

Due Process Restoration Act: Committee on Financial Services (House) (H.R. 2128) (H. Rept. 115–1118), H10609 [2JA]

Enhancing Multi-Class Stock Disclosures Act: Committee on Financial Services (House) (H.R. 6322) (H. Rept. 115–879), H7734 [31JY]

Exchange Regulatory Improvement Act: Committee on Financial Services (House) (H.R. 3555) (H. Rept. 115–883), H7742 [3AU]

Expanding Access to Capital for Rural Job Creators Act: Committee on Financial Services (House) (H.R. 4281) (H. Rept. 115–531), H676 [29JA]

Main Street Growth Act: Committee on Financial Services (House) (H.R. 5877) (H. Rept. 115–807), H6040 [10JY]

National Senior Investor Initiative Act: Committee on Financial Services (House) (H.R. 6323) (H. Rept. 115–886), H7742 [3AU]

Protecting Advice for Small Savers (PASS) Act: Committee on Financial Services (House) (H.R. 3857) (H. Rept. 115–894), H7750 [10AU]

Public Company Registration Threshold Act: Committee on Financial Services (House) (H.R. 5051) (H. Rept. 115–888), H7742 [3AU]

Repeal Certain SEC Disclosure Requirements Relative to Conflict Minerals: Committee on Financial Services (House) (H.R. 4248) (H. Rept. 115–570), H1220 [20FE]

SEC Disclosure Requirements Relative to Resource Extraction Repeal: Committee on Financial Services (House) (H.R. 4519) (H. Rept. 115–500), H82 [9JA]

Small Business Access to Capital After a Natural Disaster Act: Committee on Financial Services (House) (H.R. 4792) (H. Rept. 115–529), H676 [29JA]

Texts of

H.R. 4792, Small Business Access to Capital After a Natural Disaster Act, H654 [29JA]

H.R. 5877, Main Street Growth Act, H6003 [10JY]