S. 872
Holding Company Registration Threshold Equalization Act of 2013
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsor
Sen. Toomey, Patrick [R-PA]
Bill Details
- Update Date
- Jan 11, 2023
- Origin Chamber
- Senate
- Bill Type
- S
- Bill Number
- 872
- Congress
- 113
- Introduced Date
- May 7, 2013
- Policy Area
- Finance and Financial Sector
- Is Law
- No
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: Senate
Introduced in Senate
Source: Library of Congress
Holding Company Registration Threshold Equalization Act of 2013 - Amends the Securities Exchange Act of 1934 to require an issuer that is a savings and loan holding company to register with the Securities and Exchange Commission (SEC) if: (1) its assets exceed $10 million, and (2) it has a class of equity security held of record by 2,000 or more persons.
Requires termination of such registration after a savings and loan holding company certifies that its holders of record of such class of security has been reduced to fewer than 1,200 persons.
Suspends automatically the duty of a savings and loan holding company to file supplementary and periodic information if the securities of each class to which the registration statement relates (other than any class of asset-backed securities) are held of record by fewer than 1,200 persons.
Banking, Housing, and Urban Affairs Committee
Introduced in Senate
May 7, 2013