Protecting Americans’ Retirement Savings From Politics Act
Placed on the Union Calendar, Calendar No. 618.
Summary
The Protecting Americans’ Retirement Savings From Politics Act changes securities law so companies only have to disclose information that is material to investors’ voting or investment decisions. It also creates a Public Company Advisory Committee to advise the SEC on rules affecting public companies, proxy voting and corporate governance. The goal is to reduce unnecessary reporting and protect retirement savings from political influences.
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