Fully Informed Investor Act of 2002

Senate Bill 1897 - Fully Informed Investor Act of 2002: Overview, Status, and Impact

Hozzl · 2023-01-16T10:18:29Z

Explore the details of Senate Bill 1897 Fully Informed Investor Act of 2002 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

1/16/2023, 10:18 AM

Congressional Summary of S 1897

Fully Informed Investor Act of 2002 - Declares that any disclosure required by the Securities and Exchange Commission of the sale of any securities by an affiliated person of the issuer of those securities shall be made available in electronic form: (1) to the Commission by the affiliated person before the end of the calendar day on which the transaction occurs; (2) to the public by the Commission no later than the end of the business day on which the disclosure is received; and (3) in any case in which the issuer maintains a corporate website that is accessible only internally, on that internal website before the end of the calendar day on which the transaction occurs.

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Current Status of Bill S 1897

Bill S 1897 is currently in the status of Bill Introduced since January 24, 2002. Bill S 1897 was introduced during Congress 107 and was introduced to the Senate on January 24, 2002. Bill S 1897's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of January 24, 2002

Bipartisan Support of Bill S 1897

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1897

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Accounting and financial statements

- Affiliated corporations

- Commerce

- Corporate collapse

- Corporate governance

- Corporation directors

- Electronic data interchange

- Electronic government information

- Government Operations and Politics

- Government paperwork

- Government publicity

- Information disclosure (Securities law)

- Insider trading in securities

- Internet

- Science, Technology, Communications

- Securities regulation

- Web sites

Alternate Title(s) of Bill S 1897

Fully Informed Investor Act of 2002

A bill to require disclosure of the sale of securities by an affiliate of the issuer of the securities to be made available to the Commission and to the public in electronic form, and for other purposes.

Fully Informed Investor Act of 2002