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Accurate Pricing for Investors Act

12/29/2022, 6:18 PM

Summary of Bill HR 8436

Bill 117 HR 8436, also known as the Accurate Pricing for Investors Act, aims to address concerns regarding the accuracy of pricing information provided to investors in the financial markets. The bill seeks to improve transparency and accountability in the pricing of securities by requiring financial institutions to use accurate and reliable data sources when valuing assets.

Under the provisions of the bill, financial institutions would be required to disclose the data sources and methodologies used to determine the prices of securities to investors. This would help ensure that investors have access to reliable information when making investment decisions.

Additionally, the bill would establish a framework for the oversight and regulation of pricing practices in the financial markets. This would include the creation of a regulatory body responsible for monitoring and enforcing compliance with the new pricing standards. Overall, the Accurate Pricing for Investors Act aims to promote fairness and integrity in the financial markets by ensuring that investors have access to accurate and reliable pricing information. By increasing transparency and accountability in pricing practices, the bill seeks to protect investors and promote confidence in the financial system.

Congressional Summary of HR 8436

Accurate Pricing for Investors Act

This bill directs the Securities and Exchange Commission (SEC) to report on the incremental price change of a security, or the tick size, used in securities markets. Specifically, the SEC must examine whether reducing the tick size may lower costs for retail investors.

Current Status of Bill HR 8436

Bill HR 8436 is currently in the status of Bill Introduced since July 20, 2022. Bill HR 8436 was introduced during Congress 117 and was introduced to the House on July 20, 2022.  Bill HR 8436's most recent activity was Referred to the House Committee on Financial Services. as of July 20, 2022

Bipartisan Support of Bill HR 8436

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8436

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 8436

Accurate Pricing for Investors Act
Accurate Pricing for Investors Act
To require the Securities and Exchange Commission to carry out a study on the need to revise the current tick size regime, and for other purposes.

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