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US HR801

Holding Company Registration Threshold Equalization Act of 2013


summary

Introduced
02/15/2013
In Committee
05/07/2013
Crossed Over
01/15/2014
Passed
Dead
01/03/2015

Introduced Session

113th Congress

Bill Summary

Holding Company Registration Threshold Equalization Act of 2013 - Amends the Securities Exchange Act of 1934 to require an issuer that is a savings and loan holding company to register with the Securities and Exchange Commission (SEC) if: (1) its assets exceed $10 million, and (2) it has a class of equity security held of record by 2,000 or more persons. Requires termination of such registration after a savings and loan holding company certifies that its holders of record of such class of security has been reduced to fewer than 1,200 persons. Suspends automatically the duty of a savings and loan holding company to file supplementary and periodic information if the securities of each class to which the registration statement relates (other than any class of asset-backed securities) are held of record by fewer than 1,200 persons.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (7)

Last Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 01/15/2014)

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