H.R.3272: Corporate Governance Reform Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced July 21, 2009
  • Latest Major Action July 21, 2009

Bill Summary

Corporate Governance Reform Act of 2009 - Amends the Securities Exchange Act of 1934 to: (1) require the chairman of the board of directors of an issuer of securities to be independent; (2) prohibit simultaneous service as an executive officer and chairman of the board; (3) require each member of the risk management committee of an issuer to be independent; (4) require such risk management committee to review periodically the issuer's risk...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
July 21, 2009

Introduced in the House by Keith Ellison (D-Minn.)

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