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H.R. 5970

BillFederalHousePassed House
Modernizing Disclosures for Investors Act
About This Bill
Passed
Latest Action · July 11, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
115th (2017–2019)
Introduced
May 24, 2018
Cosponsors (0)
None
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Summary

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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.

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