H.R.4571 - To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.113th Congress (2013-2014)
|Sponsor:||Rep. Hultgren, Randy [R-IL-14] (Introduced 05/06/2014)|
|Committees:||House - Financial Services|
|Latest Action:||House - 05/22/2014 Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23. (All Actions)|
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Summary: H.R.4571 — 113th Congress (2013-2014)All Information (Except Text)
Introduced in House (05/06/2014)
Directs the Securities and Exchange Commission (SEC) to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $20 million (currently $5 million).
Directs the SEC to index that aggregate sales price or amount for inflation every 5 years.