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United States · Bill · HR

H.R. 4886 (99th)

Financial Fraud Detection and Disclosure Act of 1986

referredUnited States· United States Congress· EN

Introduced

22 May 1986

Last action

3 June 1986 · Referred

Status

Referred to Subcommittee on Telecommunications, Consumer Protection and Finance.

Sponsors

Sen. Wyden, Ron [D-OR], Rep. Dingell, John D. [D-MI-12], Rep. Sikorski, Gerry E. [D-MN-6], Rep. Eckart, Dennis E. [D-OH-11], Rep. Luken, Thomas A. [D-OH-1], Rep. Slattery, Jim [D-KS-2], Sen. Shelby, Richard C. [R-AL], Rep. Richardson, Bill [D-NM-3], Rep. Bates, Jim [D-CA-44], Rep. Swift, Al [D-WA-2], Rep. Synar, Mike [D-OK-2], Rep. Leland, Mickey [D-TX-18], Rep. Walgren, Doug [D-PA-18], Rep. Traficant, James A., Jr. [D-OH-17], Sen. Mikulski, Barbara A. [D-MD], Rep. Smith, Lawrence [D-FL-16], Rep. Collins, Cardiss [D-IL-7], Sen. Boxer, Barbara [D-CA], Rep. Scheuer, James H. [D-NY-8], Rep. Schneider, Claudine [R-RI-2], Rep. Byron, Beverly B. [D-MD-6], Rep. Martinez, Matthew G. [D-CA-31]

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Financial Fraud Detection and Disclosure Act of 1986 - Amends the Securities Exchange Act of 1934 to prescribe auditing standards for the detection and disclosure of financial irregularities. Requires auditors or examiners to report suspected illegal activity detected during an audit required by the securities laws to the Securities and Exchange Commission and to appropriate law enforcement authorities. Requires such Commission to report to the Attorney General and to appropriate law enforcement authorities the information received from auditors regarding suspected illegal activity.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 May 1986

    Introduced

    Referred to House Committee on Energy and Commerce.

    Source: IntroReferral

  2. 22 May 1986

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 22 May 1986

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 3 June 1986

    Referred

    Referred to Subcommittee on Telecommunications, Consumer Protection and Finance.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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