Unlisted Trading Privileges Act of 1994 - Amends the Securities Exchange Act of 1934 to modify the guidelines under which a national securities exchange may extend unlisted trading privileges for corporate securities.
Directs the Securities and Exchange Commission to prescribe, as necessary, the time period after commencement of an initial public offering during which a national securities exchange is prohibited from extending unlisted trading privileges.
Subjects the extension of unlisted trading privileges by a national securities exchange to Commission rules and/or approval. Provides for suspension and reinstatement of such privileges.
Reported by the Committee on Energy and Commerce. H. Rept. 103-626.
Placed on the Union Calendar, Calendar No. 341.
Mr. Markey moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H6507-6509)
DEBATE - The House proceeded with forty minutes of debate.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.
On motion to suspend the rules and pass the bill Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and read twice and referred to the Committee on Banking.
Senate Committee on Banking discharged by Unanimous Consent.(consideration: CR S14409)
Senate Committee on Banking discharged by Unanimous Consent. (consideration: CR S14409)
Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.
Passed Senate without amendment by Voice Vote.
Message on Senate action sent to the House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 103-389.
Became Public Law No: 103-389.
Enacted as Public Law 103-389
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