Sec. 5. SEC study
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In this section, the terms Commission and issuer have the meanings given those terms in section 4(a). The Commission shall conduct a study about the value to investors of— information about the human rights commitments of issuers required to file annual reports under section 13(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m(a) ), including information about any principles used to evaluate risk, constituency consultation processes, and supplier due diligence; and with respect to issuers required to file annual reports under section 13(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m(a) ), information about— violations of the Fair Labor Standards Act of 1938 ( 29 U.S.C. 201 et seq.) by those issuers; violations of worker misclassification by those issuers; surveys regarding employee satisfaction, well-being, and engagement; the number and overall percentage of quality jobs, as determined by compensation above median wage and comprehensive employer-provided benefits; and information about workforce investment trends, as determined by at least a 3-year time period.
Not later than 1 year after the date of enactment of this Act, the Commission shall submit to Congress a report that contains the results of the study required to be conducted under subsection (b), with recommendations for additional disclosure regulations based on the findings, and any actions the Commission plans to take to enhance disclosures based on the findings.
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