Mandatory Materiality Requirement Act of 2023
Last action on Jun 10, 2025Read twice and referred to the Committee on Health, Educa...
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Summary
Mandatory Materiality Requirement Act of 2023
This bill requires the Securities and Exchange Commission (SEC) to limit issuer disclosure requirements made in a rulemaking. Specifically, the SEC must provide that an issuer of securities is only required to disclose information in response to a rulemaking if the issuer determines that this information is important to a voting or investment decision regarding the issuer.
Lifecycle of the Bill
Introduced in Senate
Jun 10, 2025
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jun 10, 2025
