To amend the Securities Exchange Act of 1934 to prohibit the Securities and Exchange Commission from issuing conflicting proposed or final rules, to require the Commission to consider industry-specific costs, and for other purposes.
Symmetry in Rules Act
This bill prohibits the Securities and Exchange Commission (SEC) from issuing a proposed rule or finalizing a rule that conflicts with an existing rule or another proposed rule. The SEC must also take a specific industry's costs of compliance with multiple rules into consideration before a rulemaking.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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