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Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To update the oil and gas and mining industry guides of the Securities and Exchange Commission.

Actions Overview (1)

Date Actions Overview
03/17/2016Introduced in House

All Actions (2)

Date All Actions
03/17/2016Referred to the House Committee on Financial Services.
Action By: House of Representatives
03/17/2016Introduced in House
Action By: House of Representatives

Cosponsors (24)

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Financial Services03/17/2016 Referred to

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Latest Summary (1)

There is one summary for H.R.4792. View summaries

Shown Here:
Introduced in House (03/17/2016)

This bill directs the Securities and Exchange Commission (SEC), within 180 days of enactment of this bill, to update:

  • the Securities Act industry guides entitled "Prospectuses relating to interests in oil and gas programs" and "Description of Property by Issuers Engaged or To Be Engaged in Significant Mining Operations,"
  • the Exchange Act industry guide entitled "Description of Property by Issuers Engaged or To Be Engaged in Significant Mining Operations," and
  • regulations concerning disclosure by registrants engaged in oil and gas producing activities.

In making such updates, the SEC shall work with the Investor Advisory Committee, which shall solicit and consider public input or appropriate disclosures to include and make specific recommendations to the SEC.

If the SEC fails to meet the deadline, it must report to and testify before specified congressional committees explaining why it failed to meet it.