HR 9459 — To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes.
Last action — Referred to the House Committee on Financial Services.
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 117th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
In plain language
The bill changes how certain investors are counted for security registration requirements.
This bill amends the Securities Exchange Act to exclude qualified institutional buyers and institutional accredited investors from the count of security holders when determining mandatory registration requirements.
Summary
This bill excludes certain institutional investors and buyers from inclusion as holders of a security for purposes of mandatory registration thresholds applicable to an issuer of securities.
Bill Text
- Introduced Introduced in House Current html December 07, 2022
Action History
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Introduced in House
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Introduced in House
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Referred to the House Committee on Financial Services.
Sponsors
- Patrick T. McHenry · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
- McHenry, Patrick T. Republican
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 9459 do?
- This bill excludes certain institutional investors and buyers from inclusion as holders of a security for purposes of mandatory registration thresholds applicable to an issuer of securities.
- Who sponsors HR 9459?
- HR 9459 is sponsored by McHenry, Patrick T. (Republican).
- What is the current status of HR 9459?
- This bill died with 117th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 9459?
- Track HR 9459 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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