S.1885: Corporate Management Accountability Act of 2019

About This Bill

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Bill Summary

Corporate Management Accountability Act of 2019 This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the...

(Source: Library of Congress)

Bill Actions

Date Description
June 18, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
June 18, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3658)
June 18, 2019

Introduced in the Senate by Jack Reed (D-R.I.)

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