H.R.4535 - Unlisted Trading Privileges Act of 1994103rd Congress (1993-1994)
|Sponsor:||Rep. Wyden, Ron [D-OR-3] (Introduced 05/26/1994)|
|Committees:||House - Energy and Commerce | Senate - Banking, Housing, and Urban Affairs|
|Committee Reports:||H.Rept 103-626|
|Latest Action:||10/22/1994 Became Public Law No: 103-389. (All Actions)|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.4535 — 103rd Congress (1993-1994)All Bill Information (Except Text)
Introduced in House (05/26/1994)
Unlisted Trading Privileges Act of 1994 - Amends the Securities Exchange Act of 1934 to modify the guidelines under which a national securities exchange may extend unlisted trading privileges for corporate securities.
Directs the Securities and Exchange Commission to prescribe, as necessary, the time period after commencement of an initial public offering during which a national securities exchange is prohibited from extending unlisted trading privileges.
Subjects the extension of unlisted trading privileges by a national securities exchange to Commission rules and/or approval. Provides for suspension and reinstatement of such privileges.