Summary: H.R.5970 — 115th Congress (2017-2018)All Information (Except Text)

Bill summaries are authored by CRS.

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Passed House amended (07/10/2018)

Modernizing Disclosures for Investors Act

(Sec. 2) This bill directs the Securities and Exchange Commission to: (1) report on the costs and benefits of requiring reporting companies to use Form 10-Q to satisfy quarterly financial disclosure requirements; and (2) make recommendations for decreasing costs, increasing transparency, and increasing efficiency of quarterly financial reporting by emerging growth companies.