S. 462: Securities and Exchange Commission Overpayment Credit Act
Legislation Details
115th Congress
A bill to require the Securities and Exchange Commission to refund or credit certain excess payments made to the Commission.
Sponsor: Sen. Dean Heller — R — NV
This bill requires the Securities and Exchange Commission (SEC) to offset future fees and assessments due from a national securities exchange or association that: (1) has previously overpaid such fees and assessments, and (2) informs the SEC of the overpayment within 10 years.
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