House vote: H.R. 1815 // October 17, 2019
SEC Disclosure Effectiveness Testing Act
Sponsor: Sean Casten (D-IL)
This bill requires the Securities and Exchange Commission (SEC) to assess the usefulness of certain disclosure rules to retail investors. Specifically, the SEC must make these assessments regarding both current and new securities rules and regulations that require the disclosure of documents or information to retail investors.
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 4.7% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 229 | 52.5% |
| Nay | Lost | 186 | 42.9% |
| Not represented on this question | No position taken | 0 | 4.7% |