Hearing

Hearing Entitled: SEC Overreach: Examining the Need for Reform
Wednesday, March 20, 2024 10:00 AM in 2128 Rayburn House Office Building
Capital Markets Subcommittee

Click here to view the Committee Memorandum.

Click here to view the LIVESTREAM of this hearing.

Witnesses
  • Ms. Jennifer Schulp, Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute
  • Mr. David Burton, Senior Fellow in Economic Policy, Thomas A. Roe Institute for Economic Policy Studies, The Heritage Foundation
  • Ms. Alexandra Thornton, Senior Director, Financial Regulation for Inclusive Economy, Center for American Progress
Legislation
  • HR ____, the "SEC Regulatory Accountability Act"
  • HR 7030, the "Review the Expansion of Government Act of 2024 or the REG Act of 2024"
  • HR ____, to require an assessment and report to Congress on the adequacy of the SEC’s cost-benefit analysis with respect to major rulemakings.
  • HR ____, to mandate minimum comment periods of at least 60 days for all SEC-initiated rulemakings, with certain exceptions, calculated from the date published in the Federal Register.
  • HR ____, to require the SEC to submit a public, semi-annual report to Congress describing the details of certain meetings between SEC employees and international standards setters, and to clarify that certain agreements with international standards setters are subject to the requirements of the Administrative Procedure Act.
  • HR ____, to require the Commission to review certain “reviewable actions” by SEC staff.
  • HR ____, to require the semi-annual testimony of the Chairman of the SEC before the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate, with testimony on at least one instance to include the testimony of the entire Commission.
  • HR ____, the "Streamlining Public Company Accounting Oversight Act"
  • HR 4551, the "Protecting Investors’ Personally Identifiable Information Act"
  • HR 6825, the "Amendment for Crowdfunding Capital Enhancement and Small-business Support Act of 2023 or the ACCESS Act of 2023"
  • HR 7902, the "Protecting Private Job Creators Act"
  • HR ____, to require a study and report to Congress on the SEC’s information technology infrastructure and handling of data.
  • H. J. Res. ____, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews."
Hearing Video