Transfers authorities and duties of registered national securities associations to the Securities and Exchange Commission.
The bill amends the Securities Exchange Act of 1934 to transfer all authorities and duties of registered national securities associations to the Securities and Exchange Commission. This includes any references to these associations in laws, regulations, documents, or records. The changes will take effect two years after the bill's enactment, with the Commission required to issue necessary rules before then.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.