Section 1 Short title
This Act may be cited as the “SEC Economic Analysis Modernization Act”.
SEC Economic Analysis Modernization Act
A BILL
To require the Securities and Exchange Commission to update the Commissions’ guidance on economic analysis in rulemakings, and for other purposes.
Sec. 2 Guidance on economic analysis for SEC rulemakings
In general— Not later than 2 years after the date of enactment of this Act, and every 5 years thereafter, the Securities and Exchange Commission shall update the Commission’s guidance on economic analysis in rulemakings.
Availability of update— Upon the completion of each update required under subsection (a), the Commission shall make such update available to the public, including on the website of the Commission, along with a summary and justification of any changes made by the update.