Terminates unused Securities and Exchange Commission authorities established by the Dodd-Frank Act.

The Business Owners Protection Act of 2025 aims to terminate certain unused authorities of the Securities and Exchange Commission (SEC) that were established under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Specifically, it targets authorities that provide discretion to establish requirements for private entities and for which the SEC had not issued a notice of proposed rulemaking or a guidance document before January 1, 2025. The SEC must submit a list of terminated authorities to Congress and publish it within 180 days of the act's enactment.

Terminates unused Securities and Exchange Commission authorities established by the Dodd-Frank Act.

The Business Owners Protection Act of 2025 aims to terminate certain unused authorities of the Securities and Exchange Commission (SEC) that were established under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Specifically, it targets authorities that provide discretion to establish requirements for private entities and for which the SEC had not issued a notice of proposed rulemaking or a guidance document before January 1, 2025. The SEC must submit a list of terminated authorities to Congress and publish it within 180 days of the act's enactment.