To amend the Securities Exchange Act of 1934 to make the shareholder threshold for registration of savings and loan holding companies the same as for bank holding companies.
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Holding Company Registration Threshold Equalization Act of 2015
(Sec. 2) Amends the Securities Exchange Act of 1934 to require an issuer that is a savings and loan holding company to register with the Securities and Exchange Commission if: (1) its assets exceed $10 million, and (2) it has a class of equity security held of record by 2,000 or more persons.
Requires termination of such registration after a savings and loan holding company certifies that its holders of record of that class of security have been reduced to fewer than 1,200 persons.
Suspends automatically the duty of a savings and loan holding company to file supplementary and periodic information if the securities of each class to which the registration statement relates (other than any class of asset-backed securities) are held of record by fewer than 1,200 persons.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Referred to the House Committee on Financial Services.
Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection. Hearings held. With printed Hearing: S.Hrg. 114-133.
Became Public Law No: 114-94.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 176.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 251.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Reported by the Committee on Financial Services. H. Rept. 114-200.
Placed on the Union Calendar, Calendar No. 149.
Reported by the Committee on Financial Services. H. Rept. 114-200.
Mr. Hurt (VA) moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H5142-5144)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1334.
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Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H5142)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5142)
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, Housing, and Urban Affairs.