To amend the Securities Exchange Act of 1934 to require issuers to disclose risks related to global pandemics, and for other purposes.
Referred to the House Committee on Financial Services.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Mar 23, 2020
This bill requires certain issuers of securities to report to the Securities and Exchange Commission (SEC), during a global pandemic, information related to risks faced by the issuer. Specifically, if the World Health Organization declares a pandemic, an issuer must disclose to the SEC
risks faced by the issuer, including risks to health and safety faced by employees and independent contractors;
mitigation measures, including those taken to protect the workforce's wages, health care, and leave; and
the effect the pandemic may have on the issuer's business, solvency, and workforce.
The SEC must make such reports publicly available on its website.
Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.
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