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Mandatory Review of Securities Rules: Enhancing Transparency and Investor Protection.

This act mandates regular reviews of existing financial market regulations. The goal is to ensure rules are current, legally compliant, and support fair markets and investor protection. This provides citizens with more stable and secure investment conditions.
Key points
All financial market rules will be reviewed every three years to ensure they remain necessary and effective.
The reviews aim to facilitate capital formation, maintain orderly markets, and better protect investors.
The Securities and Exchange Commission (SEC) will be required to regularly report to Congress on review progress and any failures.
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Additional Information
Print number: 117_HR_9526
Sponsor: Rep. Kim, Young [R-CA-39]
Process start date: 2022-12-14