Bill > HR801

This bill, titled the Holding Company Registration Threshold Equalization Act of 2013, amends the Securities Exchange Act of 1934 to require a savings and loan holding company, which is a company that controls a savings and loan association, to register with the Securities and Exchange Commission (SEC), the primary government agency responsible for regulating the securities markets, if its assets exceed $10 million and it has at least 2,000 shareholders of record for a class of its equity securities. This change aims to align the registration requirements for savings and loan holding companies with those already in place for bank holding companies. The bill also specifies that such registration can be terminated once the company certifies that its number of shareholders of record for that class of security has fallen below 1,200, and it automatically suspends the company's obligation to file ongoing financial and operational reports with the SEC if the number of shareholders for any class of securities (excluding asset-backed securities) drops below 1,200.