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United States · Bill · S

S. 1885 (116th)

Corporate Management Accountability Act of 2019

referredUnited States· United States Congress· EN

Introduced

18 June 2019

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3658)

Sponsors

Subjects

Discovery layer

Source updated

9 December 2025

Summary

Corporate Management Accountability Act of 2019 This bill directs the Securities and Exchange Commission to promulgate final rules requiring certain issuers of securities to disclose whether the issuer has established procedures to recoup from compensation paid to its executive officers fines and penalties for illegal behavior. If the issuer has not established such procedures, it must explain why such procedures are not necessary for the benefit of its shareholders.

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Documents

3 official files

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