SEC REVIEW Act of 2024

The SEC REVIEW Act of 2024 requires the Securities and Exchange Commission (SEC) to obtain formal approval from the Chairman or a majority of commissioners before certain actions - such as decisions on shareholder proposals or new rules - take effect. It mandates that the SEC provide annual reports to Congress analyzing how these actions protect investors, maintain fair markets, and avoid viewpoint discrimination. The bill directly affects the SEC's internal decision-making processes and increases congressional oversight of its regulatory activities. These changes aim to enhance transparency and accountability in the SEC's handling of key financial regulations.