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US HR3555

US HR3555
Exchange Regulatory Improvement Act


summary

Introduced
07/28/2017
In Committee
07/11/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Exchange Regulatory Improvement Act This bill directs the Securities and Exchange Commission (SEC) to adopt regulations interpreting the meaning of the term "facility" under the Securities Exchange Act of 1934. (National exchange facilities are regulated by the SEC.)

AI Summary

This bill directs the Securities and Exchange Commission (SEC) to adopt regulations that further define the term "facility" under the Securities Exchange Act of 1934. The bill requires the SEC to set forth the facts and circumstances it considers when determining whether a premise, property, or service is or is not a facility of an exchange. It also requires the SEC to apply these regulations when determining whether a proposed rule is required to be submitted as a rule filing under the Securities Exchange Act.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

Placed on the Union Calendar, Calendar No. 681. (on 08/03/2018)

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