U.S. Congress - H.R.2308 SEC Regulatory Accountability Act
H.R.2308 - SEC Regulatory Accountability Act
To improve the consideration by the Securities and Exchange Commission of the costs and benefits of its regulations and orders. view all titles (2)
All Bill Titles
- Short: SEC Regulatory Accountability Act as introduced.
- Official: To improve the consideration by the Securities and Exchange Commission of the costs and benefits of its regulations and orders. as introduced.
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Official Summary
6/23/2011--Introduced.SEC Regulatory Accountability Act - Amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission (SEC), before promulgating a regulation or issuing any order, to: (1) identify the nature and significance of the problem that the proposedOfficial Summary
6/23/2011--Introduced.SEC Regulatory Accountability Act - Amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission (SEC), before promulgating a regulation or issuing any order, to:(1) identify the nature and significance of the problem that the proposed regulation is designed to address in order to assess whether any new regulation is warranted;
(2) use the Office of the Chief Economist to assess the costs and benefits of the intended regulation and and adopt it only on a determination that its benefits justify the costs; and
(3) ensure that any regulation is accessible, consistent, written in plain language, and easy to understand. Directs the SEC to review its regulations and orders periodically to determine their efficacy and whether to modify or repeal them.
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Recent News Coverage
Broader SEC Analyses Could Cost It $22M, CBO Says
If enacted, H.R. 2308, known as the SEC Regulatory Accountability Act, would require the SEC to assess the significance of the problem a newly issued or amended regulation is designed to address, determine whether the estimated costs of the proposed ...
Today in Congress: House to pass POISONEERS Act; Senate tackles filibuster-by-amendment
Julius Genachowski, Chairman, FCC. 2123 RHOB. Full Committee. Markup of H.R. 3606 - Reopening American Capital Markets to Emerging Growth Companies Act of 2011, H.R. 2308 - SEC Regulatory Accountability Act, H.R 1838 - Swaps Bailout Prevention ...
Legislative Proposals To Improve, Enhance The SEC
The second bill attached to the invitation letter is HR 2308, the "SEC Regulatory Accountability Act." The bill would establish a significant number of additional specific standards for cost-benefit analyses for Commission rules and orders. ...
Recent Blog Coverage
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The SEC Regulatory Accountability Act May Weaken Investor ...
In February 2012, the House Financial Services Committee approved legislation, the SEC Regulatory Accountability Act H.R. 2308 (“the Act”), which ostensibly directs the Securities and Exchange Commission (“the SEC”) to ...
The SEC Regulatory Accountability Act May Weaken Investor ...
In February 2012, the House Financial Services Committee approved legislation, the SEC Regulatory Accountability Act H.R. 2308 (“the Act”), which ostensibly directs the Securities and Exchange Commission (“the SEC”) to ...
The SEC Regulatory Accountability Act May Weaken Investor ...
In February 2012, the House Financial Services Committee approved legislation, the SEC Regulatory Accountability Act H.R. 2308 (“the Act”), which ostensibly directs the Securities and Exchange Commission (“the SEC”) to ...
Latest Letters to Congress
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H.R.2308 SEC Regulatory Accountability Act
soitgoes12
November 17, 2011
I am writing as your constituent in the 3rd Congressional district of Tennessee. I oppose H.R.2308 - SEC Regulatory Accountability Act, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
Drew howe -
H.R.2308 SEC Regulatory Accountability Act
jhubbs
November 15, 2011
I am writing as your constituent in the 6th Congressional district of Tennessee. I support H.R.2308 - SEC Regulatory Accountability Act, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
John Hubbs -
H.R.2308 SEC Regulatory Accountability Act
Two_Creeks
September 15, 2011
I am writing as your constituent in the 8th Congressional district of Virginia. I am writing as your constituent in the 8th Congressional district of Virginia. I am writing as your constituent in the 8th Congressional district of Virginia. I oppose H.R.2308 - SEC Regulatory Accountability Act, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
I am absolutely convinced that the SEC's mission is to protect INVESTORS, w...
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