Corporate Management Accountability Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jun 18, 2019)
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 benefit of its shareholders.
What just happenedJun 18, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3658)
Who’s behind it
- Introduced in SenateJun 18, 2019
- Jun 18, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3658)
Banking, Housing, and Urban Affairs Committee - Jun 18, 2019IntroReferral10000
Introduced in Senate