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New SEC Rules: No More Conflicting Regulations

This bill aims to ensure the Securities and Exchange Commission (SEC) does not issue conflicting regulations. This means citizens and businesses can expect clearer and more consistent rules regarding investments and financial markets, potentially making it easier to understand and comply with the law.
Key points
Prohibits the SEC from issuing rules that conflict with existing or other proposed rules.
Requires the SEC to consider industry-specific costs of complying with multiple rules before issuing new ones.
Any existing proposed SEC rules that violate these new provisions must be withdrawn or revised.
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Status:
Expired
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Additional Information
Print number: 118_HR_4112
Sponsor: Rep. Donalds, Byron [R-FL-19]
Process start date: 2023-06-14
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Symmetry in Rules Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4112.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-06-14.

What are the main provisions?

Key points include:

  • Prohibits the SEC from issuing rules that conflict with existing or other proposed rules.
  • Requires the SEC to consider industry-specific costs of complying with multiple rules before issuing new ones.
  • Any existing proposed SEC rules that violate these new provisions must be withdrawn or revised.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Donalds, Byron [R-FL-19].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy