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Stopping Proxy Advisor Racketeering Act

7/17/2025, 10:37 AM

Summary of Bill HR 4098

H.R. 4098, introduced in the 119th Congress on June 24, 2025, aims to amend the Securities Exchange Act of 1934 to restrict specific actions taken by proxy advisory firms.

Current Status of Bill HR 4098

Bill HR 4098 is currently in the status of Bill Introduced since June 24, 2025. Bill HR 4098 was introduced during Congress 119 and was introduced to the House on June 24, 2025.  Bill HR 4098's most recent activity was Referred to the House Committee on Financial Services. as of June 24, 2025

Bipartisan Support of Bill HR 4098

Total Number of Sponsors
4
Democrat Sponsors
0
Republican Sponsors
4
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
0
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4098

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 4098

To amend the Securities Exchange Act of 1934 to prohibit certain acts by proxy advisory firms, and for other purposes.
To amend the Securities Exchange Act of 1934 to prohibit certain acts by proxy advisory firms, and for other purposes.

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