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SEC Reorganization: Streamlining Operations for Investor Protection

This act aims to streamline the operations of the Securities and Exchange Commission (SEC) by reorganizing its internal offices. These changes may indirectly affect citizens by improving the efficiency of financial market oversight and protecting their investments. The goal is better management and faster response to market needs.
Key points
SEC offices like the Office of the Secretary and the Office of the Ethics Counsel will be moved under the Office of the General Counsel to streamline information flow.
Offices dealing with accounting and credit ratings will be integrated into the Division of Corporate Finance, potentially improving corporate oversight.
The Office of Investor Education and Advocacy will be transferred to the Office of the Investor Advocate, which may strengthen support and education for investors.
Possible consolidation of SEC regional offices, which could impact service accessibility in various regions.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3318
Sponsor: Rep. Downing, Troy [R-MT-2]
Process start date: 2025-05-09
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SEC Modernization Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3318.

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 2025-05-09.

What are the main provisions?

Key points include:

  • SEC offices like the Office of the Secretary and the Office of the Ethics Counsel will be moved under the Office of the General Counsel to streamline information flow.
  • Offices dealing with accounting and credit ratings will be integrated into the Division of Corporate Finance, potentially improving corporate oversight.
  • The Office of Investor Education and Advocacy will be transferred to the Office of the Investor Advocate, which may strengthen support and education for investors.
  • Possible consolidation of SEC regional offices, which could impact service accessibility in various regions.
What is the specific legal status?

The current status is Introduced.

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. Downing, Troy [R-MT-2].

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 2025-12-22.

CATEGORIES

Economy