HB4652: Public Company Advisory Committee Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend the Securities Exchange Act of 1934 to establish within the Securities and Exchange Commission the Public Company Advisory Committee, and for other purposes.
Plain-language summary
This bill would create a new advisory within the Securities and Exchange Commission (SEC), which is the federal agency that regulates the stock market. The Public Company Advisory Committee would provide advice to the SEC on rules affecting publicly traded companies—those whose stock trades on exchanges like the New York Stock Exchange. The bill was introduced by Representative Frank Lucas and is currently awaiting consideration by a House committee. The bill has not yet advanced past its initial introduction stage.
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HB4652: Public Company Advisory Committee Act of 2023