H.R. 9329

SEC Reform and Restructuring Act

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Text of the bill

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I SEC Regulatory Accountability

II SEC Transparency

Sec. 201. Semiannual testimony to Congress regarding activities of the Securities and Exchange Commission Since introduced

Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended by adding at the end the following:

Text this section adds to the law

(k) Semiannual testimony to Congress. The Chairman of the Commission shall, not less than once every 6 months after the date of the enactment of this subsection, testify before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate on the activities of the Commission. At least once annually, the Commissioners shall join the Chairman with respect to testifying pursuant to the preceding sentence.

III SEC Cybersecurity

IV Review the Expansion of Government

V Streamlining Public Company Accounting Oversight

VI Study Regarding Major Rules Issued by the Securities and Exchange Commission

VII Minimum public comment period

VIII Securities Enforcement Clarity

IX SEC Modernization