A bill to amend the Securities Exchange Act of 1934 to require issuers of securities registered pursuant to section 12 of such Act to maintain accurate records, to prohibit certain bribes.

Summary

Amends the Securities Exchange Act to require specified issuers of securities to make and keep books, records and accounts, and to devise and maintain an adequate system of internal accounting controls. Makes it unlawful to directly or indirectly falsify any book, record, or document of an issuer. Prohibits bribery of foreign officials by any domestic concern, subjecting violating persons to a fine of not more than $10,000, or imprisonment of not more than two years, or both. Defines "domestic corporation" for purposes of this Act.

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

Timeline

1. 2 July 1976

   Reported

   Reported to Senate from the Committee on Banking, Housing and Urban Affairs, S. Rept. 94-1031.

   Source: Committee

2. 2 July 1976

   Reported

   Reported to Senate from the Committee on Banking, Housing and Urban Affairs, S. Rept. 94-1031.

   Source: Committee

3. 2 July 1976

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 14 September 1976

   Floor

   Call of calendar in Senate.

   Source: Floor

5. 15 September 1976

   Floor

   Measure considered in Senate.

   Source: Floor

6. 15 September 1976

   Vote

   Passed/agreed to in Senate: Measure passed Senate, roll call #593 (86-0).

   Source: Floor

7. 16 September 1976

   Introduced

   Referred to House Committee on Interstate and Foreign Commerce.

   Source: IntroReferral

Votes

Versions

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

Documents

1 official file

• Introduced in Senate

  summary · EN · 2 July 1976

  Open at official source

Sponsors

• Sen. Proxmire, William [D-WI] · D · Sponsor
• · hsif00 · Standing
• · ssbk00 · Standing

Related records

• related to → A bill to amend the Securities Exchange Act of 1934 to require issuers of securities registered pursuant to section 12 of such act to maintain accurate records, to prohibit certain bribes, and for other purposes.