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Congress·In Progress·H.R. 6967

SEC Public Company Advisory Committee: Creation and Rules

Public Company Advisory Committee Act of 2026

2 months ago·View on Congress.gov

Legislative Progress

House
Senate
President
Law

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

3 milestones4 actions
Jan 22, 2026House

Ordered to be Reported (Amended) by the Yeas and Nays: 39 - 15.

Jan 22, 2026House

Committee Consideration and Mark-up Session Held

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 ActionOrdered to be Reported (Amended) by the Yeas and Nays: 39 - 15.

Sponsor

Cosponsors

(1)
D: 1

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