In CommitteeFiled Feb 11, 2026
Sponsor: Sen. Gallego, Ruben [D-AZ] (D)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 11, 2026
Summary
The bill amends the Securities Exchange Act to force firms that have more than one class of shares to reveal how much voting power each director, nominee, executive officer, and any holder of 5% or more of the voting shares actually controls. This information must appear in proxy statements or other filings the SEC deems appropriate, giving shareholders clearer insight into who can influence corporate decisions.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when S 3831 changes status, plus AI-powered summaries and stage predictions.
Sign up free