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United States · Bill · S

S. 1247 (102nd)

Government Securities Act Amendments of 1991

referredUnited States· United States Congress· EN

Introduced

6 June 1991

Last action

27 August 1991 · Referred

Status

Referred to the Subcommittee on Telecommunications and Finance.

Sponsors

Sen. Dodd, Christopher J. [D-CT], Sen. Gramm, Phil [R-TX]

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).

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

Timeline

  1. 6 June 1991

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 6 June 1991

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 12 June 1991

    Committee

    Subcommittee on Securities. Hearings held. Hearings printed: S.Hrg. 102-166.

    Source: Committee

  4. 10 July 1991

    Reported

    Committee on Banking. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Source: Committee

  5. 29 July 1991

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 190.

    Source: Calendars

  6. 29 July 1991

    Reported

    Committee on Banking. Reported to Senate by Senator Riegle with an amendment in the nature of a substitute and an amendment to the title. With written report No. 102-126.

    Source: Committee

  7. 29 July 1991

    Reported

    Committee on Banking. Reported to Senate by Senator Riegle with an amendment in the nature of a substitute and an amendment to the title. With written report No. 102-126.

    Source: Committee

  8. 30 July 1991

    Passed

    Passed Senate with an amendment and an amendment to the Title by Voice Vote.

    Source: Floor

  9. 30 July 1991

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.

    Source: Floor

  10. 1 August 1991

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  11. 1 August 1991

    Introduced

    Referred to the House Committee on Energy and Commerce.

    Source: IntroReferral

  12. 1 August 1991

    Floor

    Received in the House.

    Source: Floor

  13. 27 August 1991

    Referred

    Referred to the Subcommittee on Telecommunications and Finance.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Reported to Senate (text)

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  • Reported to Senate (text)

    Reported to Senate · EN

    ViewDownloadOpen at official source

  • Referred in House (text)

    Referred in House · EN

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  • Introduced in Senate (text)

    Introduced in Senate · EN

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  • Engrossed in Senate (text)

    Engrossed in Senate · EN

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  • Passed Senate amended

    summary · EN · 30 July 1991

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  • Introduced in Senate

    summary · EN · 6 June 1991

    Open at official source

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Sponsors

Related records

Sources

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