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Congress·In Committee·about 2 months ago

SEC Public Company Advisory Committee: Creation and Rules

Also known as: Public Company Advisory Committee Act of 2026

Legislative Progress

✓ Filed
Review
House
Senate
President

Key Points

  • Creates a new Public Company Advisory Committee inside the SEC to advise on rules for public companies and stock markets.
  • The committee can weigh in on reporting, corporate governance, shareholder meeting voting, stock trading issues, and raising money.
  • It is barred from advising on SEC enforcement decisions, meaning it can’t weigh in on investigations or penalties.
  • The SEC would appoint 10 to 20 members, and at least half must be leaders from public companies (with some finance-related companies excluded).
  • When the committee makes recommendations, the SEC must publicly respond and say what it plans to do, if anything.
EconomyConsumer Protection

Milestones

2 milestones2 actions
Jan 7, 2026House

Referred to the House Committee on Financial Services.

Jan 7, 2026

Introduced in House

Source Information

Document Type

Congressional Bill

Official Title

Public Company Advisory Committee Act of 2026

Bill NumberHR 6967
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred to the House Committee on Financial Services.

Sponsor

Cosponsors

(1)
D: 1

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