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.
About This Bill
Floor Vote
Latest Action · May 22, 2014
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.
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.
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