118th Congress · HOUSE BILLBILL

H.R. 4112 — Symmetry in Rules Act

“To amend the Securities Exchange Act of 1934 to prohibit the Securities and Exchange Commission from issuing conflicting proposed or final rules, to require the Commission to consider industry-specific costs, and for other purposes.”

Finance and financial sector

Introduced Jun 14, 2023

Last action Jun 14, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jun 14, 2023

Step 2

Referred

Jun 14, 2023

Financial Services

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill prohibits the Securities and Exchange Commission (SEC) from issuing a proposed rule or finalizing a rule that conflicts with an existing rule or another proposed rule. The SEC must also take a specific industry's costs of compliance with multiple rules into consideration before a rulemaking.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jun 14, 2023

Introduced in House

Jun 14, 2023

Referred to the House Committee on Financial Services.