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- S.556
S.556: A bill to amend the securities laws to establish certain thresholds for shareholder registration, and for other purposes.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about law
- Introduced March 10, 2011
- Latest Major Action March 10, 2011
Bill Sponsor
Bill Cosponsors
9 (2 Democrats, 7 Republicans)
Bill Summary
Amends the Securities Exchange Act of 1934 regarding registration of securities to modify the registration threshold for an issuer that is either a bank or a bank holding company as well as for an issuer that is neither a bank nor a bank holding company. Raises from $1 million to $10 million the threshold for total assets of an issuer that requires registration of a certain class of equity security. Divides the holding threshold that requires...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
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| March 10, 2011 |
Introduced in the Senate by Kay Bailey Hutchison (R-Texas) |