January 25th, 2010 by B

Photographer: macoggins

This bill states the following, “Not later than 30 days after the date of enactment of this Act, the Securities and Exchange Commission shall… require that issuers include in the reports required… any expenditure or series of expenditures of the issuer totaling $1,000 or more made for the purpose of influencing public opinion on any matter other than the promotion of the issuer’s products or services. Such disclosures shall include the date, amount, and purpose of the expenditure and identify (by name, address, and phone number) the person to whom it was made.” H.R. 4432 was referred to the Committee on Financial Services.

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