To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes.

Hozzl · 2025-05-28T12:56:04Z

Explore the details of House Bill 3402 To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

5/28/2025, 12:56 PM

Summary of Bill HR 3402

H.R. 3402, introduced in the 119th Congress on May 14, 2025, aims to amend the Securities Exchange Act of 1934. The bill seeks to mandate specific disclosures by institutional investment managers concerning proxy advisory firms.

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Current Status of Bill HR 3402

Bill HR 3402 is currently in the status of Bill Introduced since May 14, 2025. Bill HR 3402 was introduced during Congress 119 and was introduced to the House on May 14, 2025. Bill HR 3402's most recent activity was Referred to the House Committee on Financial Services. as of May 14, 2025

Bipartisan Support of Bill HR 3402

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 3402

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 3402

To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes.