S. 1452 · 100th Congress · enacted
Securities and Exchange Commission Authorization Act of 1987
Became Public Law No: 100-181.
Latest official action 1987-12-04 · Enacted
The bill, briefly
(Measure passed House, amended, in lieu of H.R. 2600) Securities and Exchange Commission Authorization Act of 1987 - Amends the Securities Exchange Act of 1934 to authorize appropriations for the Securities and Exchange Commission for FY 1988 through 1990. Authorizes additional funds to be appropriated to the Commission for the purpose of establishing and operating the electronic data gathering, analysis, and retrieval (EDGAR) system. Sets forth requirements for the funding of the establishment and operation of the system. Requires the Commission to submit semiannual reports to specified congressional committees on system development, implementation, progress, and costs. Specifies that only a certain amount of funds appropriated for the EDGAR system for FY 1988 and no FY 1989 funds may be expended unless the Commission has made a certification to specified congressional committees with respect to system costs, benefits, implementation, capabilities, and filing requirements. Requires the Commission to prescribe: (1) restrictions on the sale or dissemination of, and access to, EDGAR system information; and (2) requirements for filings with the Commission in a form suitable for entry into the system and in written form until the system is determined to be effective, efficient, and reliable. Makes technical amendments to the Securities Exchange Act of 1934 and the Securities Inves…
Congressional Research Service · 1987-09-10
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
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Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
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PAC donors to the listed sponsors
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What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.