Securities And Exchange Commission (sec)
US Congress 114th Congress
Preserving Access to CRE Capital Act of 2016 [HB-4620]
[Real Estate ]
[Finance ]
[Small Business ]
[Investments ]
Preserving Access to CRE Capital Act of 2016 (Sec. 2) This bill amends the Securities Exchange Act of 1934 concerning credit risk retention standards for commercial real estate loans to revise the optional standard that may include retention of the first-loss position by a third-party purchaser that specifically negotiates for the purchase of that first loss position, holds adequate financial resources to back losses, provides due diligence on all individual assets in the pool before issuance of the asset-backed securities, and meets the same standards
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Sponsored by: Rep. Luke Messer
Reported By The Committee On Financial Services. H. Rept. 114-597. on 05/26/2016
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WARN Act of 2016 Whistleblower Augmented Reward and Nonretaliation Act of 2016 [HB-4619]
[Finance ]
[Labor, Jobs, Employment ]
[Consumer Protection ]
[Cybersecurity ]
[Law Enforcement ]
[National Security ]
[Crime ]
WARN Act of 2016 Whistleblower Augmented Reward and Nonretaliation Act of 2016 This bill amends the Financial Institutions Anti-Fraud Enforcement Act of 1990 governing the rights of a private person (declarant) who files a declaration of a violation giving rise to a federal action for civil penalties with respect to fraud crimes involving federally insured financial institutions. The bill revises the minimum and maximum percentage of a declarant's entitlement to share in the recovery by the United States from a judgment, order, or settlement that
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Sponsored by: Rep. Eleanor Holmes Norton
Referred To The Subcommittee On Commodity Exchanges, Energy, And Credit. on 03/22/2016
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Helping Angels Lead Our Startups Act or the HALOS Act [HB-4498]
[Finance ]
[Small Business ]
[Technology and Innovation ]
[Investments ]
[Economic Development ]
Helping Angels Lead Our Startups Act or the HALOS Act (Sec. 3) This bill directs the Securities and Exchange Commission (SEC) to amend Regulation D (governing the limited offer and sale of securities without registration under the Securities Act of 1933) to make the prohibition against general solicitation or general advertising inapplicable to events with specified kinds of sponsors (including angel investor groups not connected to broker-dealers or investment advisers) where: presentations or communications are made by or on behalf of an issuer,
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Sponsored by: Rep. Ryan A. Costello
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 04/28/2016
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Shareholder Protection Act of 2015 [HB-446]
[Finance ]
[Elections ]
[Ethics ]
[Funding ]
[Law Enforcement ]
Shareholder Protection Act of 2015 Amends the Securities Exchange Act of 1934 to require that any solicitation of a proxy, consent, or authorization with respect to any security of an issuer: (1) describe the specific nature (to the extent known) and total amount of expenditures proposed for political activities for the forthcoming fiscal year but not yet authorized by a vote of the issuer's shareholders, and (2) provide for a separate shareholder vote to authorize such proposed expenditures. Prohibits an issuer from making an expenditure for political
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Sponsored by: Rep. Sean Patrick Maloney
Introduced In House on 01/21/2015
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Holding Individuals Accountable and Deterring Money Laundering Act [HB-4242]
[Finance ]
[Crime ]
[International ]
[National Security ]
[Criminal Justice ]
Holding Individuals Accountable and Deterring Money Laundering Act This bill amends provisions of federal law known as the Bank Secrecy Act of 1970 relating to money laundering violations to: (1) increase civil penalties for willful violations of anti-money laundering laws; (2) increase the civil penalty for negligent violations of such laws and impose a penalty on partners, directors, officers, or employees of a financial institution for such violations; and (3) impose a 20-year maximum prison term for individuals who facilitate evasion of an anti-money
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Sponsored by: Rep. Michael E. Capuano
Introduced In House on 12/11/2015
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Small Business Capital Formation Enhancement Act [HB-4168]
[Finance ]
[Small Business ]
[Economic Development ]
[Investments ]
Small Business Capital Formation Enhancement Act (Sec. 2) This bill amends the Small Business Investment Incentive Act of 1980 with respect to the annual government-business forum of the Securities and Exchange Commission (SEC) to review the current status of problems and programs relating to small business capital formation. The SEC shall review each of the forum's findings and recommendations and issue a public statement promptly assessing it and disclosing the action, if any, the SEC intends to take with respect to it.
Sponsored by: Rep. Bruce Poliquin
Read The Second Time. Placed On Senate Legislative Calendar Under General Orders. Calendar No. 361. on 02/03/2016
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GROW Act of 2015 Get Regulation Out of the Way Act of 2015 [HB-3891]
[Finance ]
[Small Business ]
[Investments ]
GROW Act of 2015 Get Regulation Out of the Way Act of 2015 This bill amends the Sarbanes-Oxley Act of 2002 to exempt from the auditor attestation of internal control assessments an issuer of securities whose total market capitalization is less than $2 billion.
Sponsored by: Rep. Curt Clawson
Introduced In House on 11/03/2015
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Small Business Credit Availability Act [HB-3868]
[Finance ]
[Small Business ]
[Investments ]
[Economic Development ]
Small Business Credit Availability Act (Sec. 2) This bill directs the Securities and Exchange Commission (SEC) to promulgate regulations that codify a specified order in Investment Company Act Release No. 30024, dated March 30, 2012. Under Investment Company Act Release No. 30024 the SEC permitted the Ares Capital Corporation to: continue to own (directly or indirectly) up to 100% of the outstanding equity interests of Ivy Hill ll Asset Management, L.P.; and make additional investments in Ivy Hill, in each case, following the time Ivy Hill shall
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Sponsored by: Rep. Daniel T. Kildee
Committee On Banking, Housing, And Urban Affairs Subcommittee On Securities, Insurance, And Investment. Hearings Held. on 05/19/2016
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Due Process Restoration Act of 2015 [HB-3798]
[Finance ]
[Law Enforcement ]
[Consumer Protection ]
Due Process Restoration Act of 2015 (Sec. 2) This bill amends the Securities Exchange Act of 1934 to authorize a person who is a party to an administrative proceeding brought by the Securities and Exchange Commission (SEC) under a securities law, and against whom an order imposing a cease and desist order and a penalty may be issued at the conclusion of the proceeding, to require the SEC to terminate the proceeding. If a person requires the SEC to terminate a proceeding, the SEC may bring a civil action against that person for the same remedy that
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Sponsored by: Rep. Tom Emmer
Reported By The Committee On Financial Services. H. Rept. 114-697. on 07/21/2016
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SEC Small Business Advocate Act of 2016 [HB-3784]
[Small Business ]
[Finance ]
[Investments ]
[Funding ]
[Economic Development ]
SEC Small Business Advocate Act of 2016 (Sec. 2) This bill amends the Securities Exchange Act of 1934 to establish within the Securities and Exchange Commission (SEC) an Office of the Advocate for Small Business Capital Formation. The Advocate for Small Business Capital Formation shall: assist small businesses and small business investors in resolving significant problems they may have with the SEC or with self-regulatory organizations; identify areas in which such businesses and investors would benefit from changes in SEC regulations or the rules
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Sponsored by: Rep. Mike Quigley
Became Public Law No: 114-284. on 12/16/2016
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Financial Regulatory Clarity Act of 2015 [HB-3705]
[Finance ]
[Consumer Protection ]
Financial Regulatory Clarity Act of 2015 Requires the Federal Deposit Insurance Corporation, the Office of Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the National Credit Union Administration, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, before issuing a regulation or order, to assess other federal regulations and orders to determine whether: (1) the agency's proposal is in conflict with, inconsistent with, or duplicative of
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Sponsored by: Rep. Ann Wagner
Referred To The Subcommittee On Commodity Exchanges, Energy, And Credit. on 10/26/2015
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Promoting Job Creation and Reducing Small Business Burdens Act [HB-37]
[Finance ]
[Small Business ]
[Labor, Jobs, Employment ]
[Economic Development ]
[Investments ]
Promoting Job Creation and Reducing Small Business Burdens Act TITLE I--BUSINESS RISK MITIGATION AND PRICE STABILIZATION ACT (Sec. 101) This bill amends the Commodity Exchange Act (CEA) to exempt, from prudential rules for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties: (1) is eligible for an exception from clearing requirements because it is not a financial entity, uses swaps
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Sponsored by: Rep. Paul A. Gosar
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 01/16/2015
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FSOC Transparency and Accountability Act [HB-3557]
[Finance ]
[Budget and Spending ]
[Consumer Protection ]
FSOC Transparency and Accountability Act (Sec. 2) This bill amends the Financial Stability Act of 2010 to repeal the nonapplicability of the Federal Advisory Committee Act (FACA) to the Financial Stability Oversight Council (thus applying FACA to the Council). The Council is declared an agency for purposes of the "Government in the Sunshine Act" (and its open meeting requirements). The voting profile of Council members is revised to cite the following member agencies as each having collectively one vote: (1) the Board of Governors of the Federal
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Sponsored by: Rep. Ann Wagner
Reported By The Committee On Financial Services. H. Rept. 114-507. on 04/19/2016
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Business Supply Chain Transparency on Trafficking and Slavery Act of 2015 [HB-3226]
[Human Rights ]
[Consumer Protection ]
[Labor, Jobs, Employment ]
[Trade ]
[Law Enforcement ]
[Small Business ]
Business Supply Chain Transparency on Trafficking and Slavery Act of 2015 This bill expresses the sense of Congress that: (1) legislation is necessary to provide consumers information on products that are free of child labor, forced labor, slavery, and human trafficking; and (2) businesses and consumers, by means of publicly available disclosures, can avoid inadvertently promoting or sanctioning these crimes through production and purchase of raw materials, goods, and finished products that have been tainted in the supply chains. The bill amends
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Sponsored by: Rep. Raul M. Grijalva
Introduced In House on 07/27/2015
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Financial Services Conflict of Interest Act [HB-3065]
[Finance ]
[Ethics ]
[Law Enforcement ]
[Pensions ]
[Labor, Jobs, Employment ]
[Crime ]
Financial Services Conflict of Interest Act This bill amends the federal criminal code to declare that any pension, retirement, group life, health or accident insurance, profit-sharing, stock bonus, or other employee welfare or benefit plan maintained by a federal employee's former private sector employer that makes payment of compensation contingent on accepting a position in the federal government shall not be considered exempt from certain conflict-of-interest restrictions. The Ethics in Government Act of 1978 is amended with respect to a financial
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Sponsored by: Rep. Raul M. Grijalva
Referred To The Subcommittee On Crime, Terrorism, Homeland Security, And Investigations. on 07/29/2015
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Securities and Exchange Commission Reporting Modernization Act [HB-3032]
[Finance ]
[Technology and Innovation ]
[Cybersecurity ]
[Data Privacy ]
[Law Enforcement ]
Securities and Exchange Commission Reporting Modernization Act (Sec. 2) This bill amends the Securities Exchange Act of 1934 to repeal the requirement that the Securities and Exchange Commission (SEC) compile an annual tabulation of the occasions on which it has used specified law, including the Right to Financial Privacy Act of 1978, to obtain access to financial records of a customer and include it in its annual report to the Congress. (The specified law referred to is the authority of the SEC to gain access to and obtain copies of, or the information
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Sponsored by: Rep. Daniel T. Kildee
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 11/17/2015
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Financial Services and General Government Appropriations Act, 2016 [HB-2995]
[Finance ]
[Taxes ]
[Budget and Spending ]
[Small Business ]
[Consumer Protection ]
[Cybersecurity ]
[Technology and Innovation ]
[Public Health ]
[Data Privacy ]
[Elections ]
[Ethics ]
[Funding ]
[Grants ]
[Law Enforcement ]
[National Security ]
[Telecommunications ]
[Healthcare ]
[Crime ]
Financial Services and General Government Appropriations Act, 2016 Provides FY2016 appropriations for financial services and general government, including programs in the Department of the Treasury, the Executive Office of the President, the federal judiciary, the District of Columbia, and several independent agencies. Department of the Treasury Appropriations Act, 2016 TITLE I--DEPARTMENT OF THE TREASURY Provides appropriations to the Department of the Treasury for Departmental Offices, including: Salaries and Expenses, the Office of Terrorism
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Sponsored by: Rep. Ander Crenshaw
The House Committee On Appropriations Reported An Original Measure, H. Rept. 114-194, By Mr. Crenshaw. on 07/09/2015
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Stop Tax Haven Abuse Act [HB-297]
[Finance ]
[Taxes ]
[International ]
[Trade ]
[Budget and Spending ]
[Small Business ]
[Law Enforcement ]
[National Security ]
[Cybersecurity ]
[Economic Development ]
[Crime ]
Stop Tax Haven Abuse Act Authorizes the Secretary of the Treasury to impose restrictions on foreign jurisdictions or financial institutions operating in the United States that are of primary money laundering concern or that significantly impede U.S. tax enforcement. Amends the Internal Revenue Code to: expand reporting requirements for U.S. persons who hold an interest in a passive foreign investment company; establish a rebuttable presumption against the validity of transactions by institutions that do not comply with reporting requirements under
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Sponsored by: Rep. Raul M. Grijalva
Introduced In House on 01/13/2015
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Financial Transparency Act of 2015 [HB-2477]
[Finance ]
[Technology and Innovation ]
[Data Privacy ]
[Consumer Protection ]
[Investments ]
[Cybersecurity ]
Financial Transparency Act of 2015 This bill directs the Office of Financial Research of the Department of the Treasury and the following financial regulatory agencies to adopt data standards for all information collected or received by them, including corporate financial data: the Securities and Exchange Commission (SEC), the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Bureau of Consumer Financial Protection, the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission,
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Sponsored by: Rep. Ted Poe
Referred To The Subcommittee On Commodity Exchanges, Energy, And Credit. on 06/08/2015
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Fair Access to Investment Research Act of 2015 [HB-2356]
[Finance ]
[Investments ]
[Consumer Protection ]
Fair Access to Investment Research Act of 2015 (Sec. 2) This bill directs the Securities and Exchange Commission (SEC) to revise a specified regulation to create a safe harbor for certain publications or distributions of research reports by brokers or dealers distributing securities. The revised regulation shall declare that, even if a broker or dealer participates in the registered offering of a covered investment fund's securities, the investment fund research report shall not be deemed to constitute an offer for sale nor an offer to sell a security
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Sponsored by: Rep. French Hill
Reported By The Committee On Financial Services. H. Rept. 114-401. on 01/28/2016