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US S872
US S872A bill to amend the Securities Exchange Act of 1934, to make the shareholder threshold for registration of savings and loan holding companies the same as for bank holding companies.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
113th Congress
Bill Summary
A bill to amend the Securities Exchange Act of 1934, to make the shareholder threshold for registration of savings and loan holding companies the same as for bank holding companies.
AI Summary
This bill, titled the Holding Company Registration Threshold Equalization Act of 2013, amends the Securities Exchange Act of 1934 to ensure that savings and loan holding companies, which are companies that control a savings and loan association, are subject to the same registration requirements based on the number of shareholders as bank holding companies, which are companies that control a bank. This change aims to create a uniform regulatory standard for both types of financial holding companies by aligning the shareholder threshold, meaning the minimum number of shareholders an entity must have before it is required to register with the Securities and Exchange Commission (SEC).
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 05/07/2013)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/113th-congress/senate-bill/872/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-113s872is/pdf/BILLS-113s872is.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-113s872is/pdf/BILLS-113s872is.pdf.pdf |
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