118th Congress · HOUSE BILLBILL

H.R. 4019SEC Stabilization Act of 2023

To amend the Securities Exchange Act of 1934 to expand and restructure the leadership of the Securities and Exchange Commission, and for other purposes.

Finance and financial sector
Introduced Jun 12, 2023
Last action Jun 12, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jun 12, 2023
Step 2
Referred
Jun 12, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill expands the composition of the Securities and Exchange Commission from five commissioners to six, extends the term of the commissioners from five years to six, and creates an executive director position. If appointing two commissioners whose terms end on the same date, the President is prohibited from appointing individuals from the same political party.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Jun 12, 2023
Introduced in House
Jun 12, 2023
Referred to the House Committee on Financial Services.