Bill > HR4652

This bill amends the Securities Exchange Act of 1934 to establish the Public Company Advisory Committee (the "Committee") within the Securities and Exchange Commission (SEC). The Committee's purpose is to provide the SEC with advice on its rules, regulations, and policies related to protecting investors, maintaining fair and efficient markets, and facilitating capital formation. The Committee will have between 10 and 20 members, at least 50% of whom must be officers, directors, or senior officials of public companies. The members will serve staggered four-year terms and will elect a Chair, Vice Chair, Secretary, and Assistant Secretary. The Committee will meet at least twice annually, and its members will be compensated for their service. The SEC will review the Committee's findings and recommendations and publicly respond to them, but is not required to act on them.

Business and Industry

https://www.congress.gov/bill/118th-congress/house-bill/4652/all-info