House Republicans are seeking to reform the U.S. Securities and Exchange Commission with the introduction of 13 bills and claims that the agency is exceeding its current statutory authority with its hasty and aggressive rulemaking agenda.
The bills would, among other procedural disclosures, require the SEC to provide an assessment and report to Congress on the adequacy of the agency’s cost-benefit analysis on significant regulations and mandate comment periods of at least 60 days for all proposed rules.
