Holding Company Registration Threshold Equalization Act of 2015

Hozzl · 2023-01-11T13:28:10Z

Explore the details of House Bill 1334 Holding Company Registration Threshold Equalization Act of 2015 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

1/11/2023, 1:28 PM

Congressional Summary of HR 1334

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Holding Company Registration Threshold Equalization Act of 2015

(Sec. 2) Amends the Securities Exchange Act of 1934 to require an issuer that is a savings and loan holding company to register with the Securities and Exchange Commission if: (1) its assets exceed $10 million, and (2) it has a class of equity security held of record by 2,000 or more persons.

Requires termination of such registration after a savings and loan holding company certifies that its holders of record of that class of security have been reduced to fewer than 1,200 persons.

Suspends automatically the duty of a savings and loan holding company to file supplementary and periodic information if the securities of each class to which the registration statement relates (other than any class of asset-backed securities) are held of record by fewer than 1,200 persons.

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Current Status of Bill HR 1334

Bill HR 1334 is currently in the status of Bill Introduced since March 4, 2015. Bill HR 1334 was introduced during Congress 114 and was introduced to the House on March 4, 2015. Bill HR 1334's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of July 15, 2015

Bipartisan Support of Bill HR 1334

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 HR 1334

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

Banking and financial institutions regulationLicensing and registrationsSecurities

Alternate Title(s) of Bill HR 1334

Holding Company Registration Threshold Equalization Act of 2015To amend the Securities Exchange Act of 1934 to make the shareholder threshold for registration of savings and loan holding companies the same as for bank holding companies.Holding Company Registration Threshold Equalization Act of 2015Holding Company Registration Threshold Equalization Act of 2015Holding Company Registration Threshold Equalization Act of 2015

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