HR 6375
To amend the Securities Exchange Act of 1934 to require issuers to make disclosures related to supply chain disruption risk, and for other purposes.
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill would require publicly traded companies to disclose information about the risks they face due to disruptions in their supply chains. Specifically, companies must identify potential vulnerabilities like relying on single suppliers or geographic concentrations, shipping issues, and disruptions from events like natural disasters or trade conflicts. The disclosures would also include plans the company has to address these risks and any updates if those risks change significantly. This aims to give investors a clearer picture of a company’s potential weaknesses.
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Primary sponsor
Nydia M. Velazquez
Cosponsor
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