To require the Comptroller General of the United States to carry out a study regarding major rules issued by the Securities and Exchange Commission.
HR 8226 requires the Comptroller General to study significant rules issued by the Securities and Exchange Commission (SEC) every three years. The study must compare the SEC's cost-benefit analyses with its own, track actual costs versus projections, and evaluate whether each rule helps capital formation, promotes fair markets, and protects investors. The Comptroller General will report findings to relevant congressional committees, focusing on the 10 most significant rules if more than 10 exist. This is a procedural requirement for oversight, not a direct policy change affecting businesses or investors.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
President
Introduced May 2, 2024
Last action May 2, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 2, 2024
Committee
Referred to the House Committee on Financial Services.
lower
May 2, 2024
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Andrew R. Garbarino
RRepublican
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