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S. 5005

Mandatory Materiality Requirement Act of 2022

Mandatory Materiality Requirement Act of 2022

This bill limits additional disclosure requirements applicable to issuers of securities. Specifically, the Securities and Exchange Commission may only require an additional disclosure if the commission determines that there is a substantial likelihood that a reasonable investor of the issuer would consider the information important with respect to an investment decision.

Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.

Sen. Rounds, Mike [R-SD](R-SD)Sponsor
7 cosponsors7 R
7cosponsors1committees3actions1related bills5subjects
  1. Committee

    Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.

    Securities, Insurance, and Investment Subcommittee
  2. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  3. IntroReferral10000

    Introduced in Senate

Mandatory Materiality Requirement Act of 2022 — Informed