Senate Bill 1169 - Holding Foreign Insiders Accountable Act

Purpose and Summary

Chamber: Senate

Introduced date: 2023-04-17

Recent Activity

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Alternative Names

Holding Foreign Insiders Accountable Act

Holding Foreign Insiders Accountable Act

A bill to amend the Securities Exchange Act of 1934 to address disclosures by directors, officers, and principal stockholders of foreign private issuers, and for other purposes.

Associated Legislation

National Defense Authorization Act for Fiscal Year 2024

National Defense Authorization Act for Fiscal Year 2024

Policy Areas

Finance and Financial Sector

Potential Impact

Sponsors and Supporters

Sen. Kennedy, John [R-LA]

Cosponsors and Supporters

Sen. Van Hollen, Chris [D-MD]

Committees and Subcommittees

Banking, Housing, and Urban Affairs Committee

Variations and Revisions

National Defense Authorization Act for Fiscal Year 2024

Holding Foreign Insiders Accountable Act

12/15/2023, 4:07 PM

Holding Foreign Insiders Accountable Act

This bill expands securities disclosure requirements applicable to directors, officers, and certain stockholders to include the securities of a foreign private issuer.

Congress
118

Number
S - 1169

Introduced on
2023-04-17

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

4/17/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Holding Foreign Insiders Accountable Act

This bill expands securities disclosure requirements applicable to directors, officers, and certain stockholders to include the securities of a foreign private issuer.

Alternative Names
Official Title as IntroducedA bill to amend the Securities Exchange Act of 1934 to address disclosures by directors, officers, and principal stockholders of foreign private issuers, and for other purposes.

Policy Areas
Finance and Financial Sector

Comments

Recent Activity

Latest Summary9/29/2023

Holding Foreign Insiders Accountable Act

This bill expands securities disclosure requirements applicable to directors, officers, and certain stockholders to include the securities of a foreign private issuer.


Latest Action4/17/2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.