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Code · BILL · 118th Congress · S. 5139 (Introduced in Senate) — To amend the Securities Act of 1933 to address emerging growth companies, and for other purposes. · Sec. 402

Sec. 402. Semiannual report

202 words·~1 min read·/bill/118/s/5139/is/section-402·

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Section 23 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78w ) is amended by adding at the end the following: Not later than 180 days after the date of enactment of this subsection, and semiannually thereafter, the Chairman of the Commission shall submit to Congress a report that includes— an overview of the capital markets system of the United States; the regulatory actions and agenda of the Commission, including, for the period covered by the report, all actions the Commission has taken to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation; with respect to capital formation challenges and challenges to accessing capital for small businesses, including minority, women-owned, and rural small businesses— the status of enforcement actions of the Commission, which shall include information regarding— for the period covered by the report, the average amount of time it takes for the Commission to open and complete such an action; and the outcome of each such action that was resolved during the period covered by the report; and any assessments of the Commission; and information on the publication of economic data on securities markets by the Division of Economic and Risk Analysis of the Commission. .
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Sec. 402
Semiannual report
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