H.R.5311: Corporate Governance Reform and Transparency Act of 2016

About This Bill

Bill Sponsor

Bill Cosponsor

Bill Summary

Corporate Governance Reform and Transparency Act of 2016 (Sec. 3) This bill amends the Securities Exchange Act of 1934 to: (1) require a proxy advisory firm to register with the Securities and Exchange Commission (SEC); and (2) prohibit an unregistered proxy advisory firm from using interstate commerce to provide proxy-voting research, analysis, or recommendations to any client. With respect to such firms, the bill: (1) establishes procedures...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.5311.

Bill Actions

Date Description
Sept. 28, 2016
Placed on the Union Calendar, Calendar No. 621.
Sept. 28, 2016
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-798.
June 16, 2016
Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 18.
June 16, 2016
Committee Consideration and Mark-up Session Held.
June 15, 2016
Committee Consideration and Mark-up Session Held.
May 24, 2016
Referred to the House Committee on Financial Services.
May 17, 2016
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.
May 24, 2016

Introduced in the House by Sean Duffy (R-Wis.)

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