Terminates unused Securities and Exchange Commission authorities from the Dodd-Frank Act.
The Business Owners Protection Act of 2025 aims to terminate unused authorities of the Securities and Exchange Commission (SEC) established under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Specifically, it ends any authority that allows the SEC to establish requirements for private entities if no notice of proposed rulemaking or guidance document was issued before January 1, 2025. The SEC must then provide a list of terminated authorities to Congress and the public within 180 days of the act's enactment.
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