summary
Introduced
05/06/2014
05/06/2014
In Committee
05/22/2014
05/22/2014
Crossed Over
12/03/2014
12/03/2014
Passed
Dead
01/03/2015
01/03/2015
Introduced Session
113th Congress
Bill Summary
Disclosure Modernization and Simplification Act of 2014 - Directs the Securities and Exchange Commission (SEC) to: (1) issue regulations permitting issuers to submit a summary page on annual and transition report form 10-K if each item on that page cross-references the material contained in form 10-K; (2) revise regulation S-K in order to reduce the burden on smaller issuers, including emerging growth companies, accelerated filers, and smaller reporting companies; and (3) eliminate duplicative, overlapping, outdated, or unnecessary provisions in regulation S-K. Directs the SEC to study ways to: (1) modernize and simplify the requirements in regulation S-K, (2) improve the readability and navigability of disclosure documents, and (3) discourage repetition and disclosure of immaterial information.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (3)
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 12/03/2014)
Official Document
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bill summary
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