United States · Bill · S
S. 1247 (102nd)
Government Securities Act Amendments of 1991
Introduced
6 June 1991
Last action
—
Status
Referred to the Subcommittee on Telecommunications and Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Government Securities Act Amendments of 1991 - Amends the Securities Exchange Act of 1934 to repeal the termination date for the Secretary of the Treasury's authority to promulgate regulations and issue orders governing government securities transactions by brokers and dealers (thereby permanently extending the Secretary's regulatory authority). Authorizes the Secretary to: (1) propose and adopt government securities sales practice rules designed to prevent fraudulent or manipulative practices; and (2) regulate disclosure and access to government securities price and volume information. Authorizes registered securities associations to adopt and implement government securities sales practices rules for their members which are consistent with those promulgated by the Secretary. Directs the Securities Exchange Commission to consult with the Secretary before approving a proposed rules change filed by a registered securities association, or before modifying such a rule (unless an emergency requires expeditious action).
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Votes
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Versions
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Documents
6 official files
Reported to Senate (text)
Reported to Senate (text)
Reported to Senate · EN
Referred in House (text)
Referred in House · EN
Introduced in Senate (text)
Introduced in Senate · EN
Engrossed in Senate (text)
Engrossed in Senate · EN
Passed Senate amended
summary · EN · 30 July 1991
Introduced in Senate
summary · EN · 6 June 1991
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/102nd-congress/senate-bill/1247
- Open data entity: https://api.congress.gov/v3/bill/102/s/1247