H.Amdt. 980House112th Congress (2011-2013)

An amendment numbered 13 printed in House Report 112-409 to authorize the Securities and Exchange Commission to study whether or not it has the authority to enforce anti-evasion provisions associated with the shareholder threshold.

What it does: Adds SEC. 504. COMMISSION STUDY OF ENFORCEMENT AUTHORITY UNDER RULE 12G5-1 on page 37, line 22
Submitted March 8, 2012

Description

Amendment authorizes the SEC to study whether or not it has the authority to enforce anti-evasion provisions associated with the shareholder threshold and to report the results to Congress.

What it changes

1 change to H.R. 3606

Adds a section

The Congressional Record cuts off the end of this amendment, so some changes may be missing.

  1. Adds SEC. 504. COMMISSION STUDY OF ENFORCEMENT AUTHORITY UNDER RULE 12G5-1 on page 37, line 22

    Adds a sectionPrinted page

    Inserted: SEC. 504. COMMISSION STUDY OF ENFORCEMENT AUTHORITY UNDER RULE 12G5-1.

    Inserted: The Securities and Exchange Commission shall examine its authority to enforce Rule 12g5-1 to determine if new enforcement tools are needed to enforce the anti-evasion provision contained in subsection (b)(3) of the rule, and shall, not later than 120 days after the date of enactment of this Act transmit its recommendations to Congress.

    Inserted: The table of contents in section 2 of the bill is amended by inserting after the item relating to section 503 the following new item:

    Inserted: Sec. 504. Commission study of enforcement authority under Rule 12g5-1

    Original wording

    Page 37, after line 22, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

Page 37, after line 22, insert the following:

SEC. 504. COMMISSION STUDY OF ENFORCEMENT AUTHORITY UNDER RULE 12G5-1.

The Securities and Exchange Commission shall examine its authority to enforce Rule 12g5-1 to determine if new enforcement tools are needed to enforce the anti-evasion provision contained in subsection (b)(3) of the rule, and shall, not later than 120 days after the date of enactment of this Act transmit its recommendations to Congress.

The table of contents in section 2 of the bill is amended by inserting after the item relating to section 503 the following new item:

Sec. 504. Commission study of enforcement authority under Rule 12g5-1

Legislative Activity

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5 earlier actions
Floor Latest Action

House amendment offered

March 8, 2012

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Floor

House amendment offered

March 8, 2012

Not Used

Amendment agreed to Committee of the Whole

March 8, 2012 • 10:39 AM

Floor

House amendment agreed to: On agreeing to the Schweikert amendment (A013) Agreed to by voice vote.

March 8, 2012 • 10:39 AM

Not Used

House amendment offered/reported by: Amendment (A013) offered by Mr. Schweikert.(consideration: CR H1279-1280; text: CR H1279)

March 8, 2012 • 10:33 AM

Floor

Amendment (A013) offered by Mr. Schweikert. (consideration: CR H1279-1280; text: CR H1279)

March 8, 2012 • 10:33 AM

Floor

On agreeing to the Schweikert amendment (A013) Agreed to by voice vote.

March 8, 2012 • 10:39 AM