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United States · Bill · S

S. 2754 (98th)

A bill to amend the Securities and Exchange Act of 1934.

referredUnited States· United States Congress· EN

Introduced

13 June 1984

Last action

13 June 1984 · Introduced

Status

Read twice and referred to the Committee on Banking.

Sponsors

Sen. Riegle, Donald W., Jr. [D-MI], Sen. Proxmire, William [D-WI], Sen. Sarbanes, Paul S. [D-MD], Sen. Eagleton, Thomas F. [D-MO]

Subjects

Discovery layer

Source updated

14 January 2025

Official sourceView documentsShare

Summary

Amends the Securities Exchange Act of 1934 to make it unlawful for an issuer to purchase any of its securities at a price above the market from any person who holds more than three percent of the class of securities to be purchased, and has held them for less than two years, unless: (1) such purchase is approved by the affirmative vote of a majority of the issuer's aggregate voting securities; or (2) the issuer makes an offer to acquire, of at least equal value, to all holders of securities of such class and to all holders of any class into which such securities may be converted.

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

Timeline

  1. 13 June 1984

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 13 June 1984

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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