To require a GAO audit of the information technology infrastructure of the Securities and Exchange Commission and the Commission’s handling of data.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To require a GAO audit of the information technology infrastructure of the Securities and Exchange Commission and the Commission’s handling of data., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Technology, Transportation.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H3ED1C2915F034D3FA00E0334FEC3A7F8: 1. Short title This Act may be cited as the SEC Cybersecurity Act of 2024.
- Section HD0712497286748CDA828526123CC1453: 2. GAO audit of information technology infrastructure and handling of data The Comptroller General of the United States shall, not later than 1 year after the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To require a GAO audit of the information technology infrastructure of the Securities and Exchange Commission and the Commission’s handling of data., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Technology, Transportation
Primary Purpose
This bill, To require a GAO audit of the information technology infrastructure of the Securities and Exchange Commission and the Commission’s handling of data., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMrs. Wagner (for herself, Mr. Garbarino, Mr. Meuser, Mr. Huizenga, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology