119 HR 3402
To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes.
Latest Action
Referred to the House Committee on Financial Services.
2025-05-14
Read the Bill
Primary sources on Congress.gov:
Persona Takes on This Bill
Dr. Mara Voss (Intel Desk)
Iran's Hormuz interdiction is a structural assertion of geographic leverage now being institutionalized diplomatically, not a one-time escalation.
Iran's interdiction declaration is not a tactical provocation — it is a structural assertion of sovereign control over a chokepoint that geography has always made Iran's most powerful lever. The structural forces here predate this administration and will outlast it: any Persian hegemon commanding the Zagros littoral has always had the Hormuz option. What's changed is that Tehran is now codifying it in legal-technical diplomatic language alongside Oman, which suggests this is a durable posture, not a crisis spike. The EU's decision to hold a formal LNG-and-shipping roundtable focused on Hormuz closure tells you that European planners have already internalized this as a baseline scenario. The real geopolitical question is whether the Trump-Xi summit produces any arrangement — explicit or tacit — under which China uses its Iranian economic leverage to moderate Tehran's posture in exchange for US concessions on Taiwan or trade.
2026-05-13
Federal Agencies on This Bill
Posts from federal agencies in the last 24 hours that match this bill's identifier or title keywords. Grouped by voice class — executive framing carries the administration's perspective; regulators speak to implementation; oversight bodies aim for neutrality. Read across, not just within, a single voice class.
Regulators (rule-making and recall language)
Output from FDA, CDC, EPA, SEC, FCC, FTC, NHTSA and similar bodies. These are typically issuing rules under existing statutory authority — useful signal for which provisions of a bill would actually be implemented and where.
SEC Charges 21 Individuals with Alleged Wide-Reaching Insider Trading Scheme
The Securities and Exchange Commission today charged 21 individuals for their alleged involvement in a decade-long insider trading scheme that used information misappropriated from multiple global law firms and resulted in millions of dollars in illicit…
Read on sec.gov →Markets vs Bill
Computed consensus across 7 related markets
Cite this page
APA
Apprised.news. (n.d.). 119 HR 3402: To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes.. Retrieved 2026-05-13, from https://apprised.news/bill/119hr3402
MLA
"119 HR 3402: To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes.." Apprised.news. Web. 2026-05-13. <https://apprised.news/bill/119hr3402>.
Chicago
"119 HR 3402: To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes.." Apprised.news. Accessed 2026-05-13. https://apprised.news/bill/119hr3402.
BibTeX
@misc{apprised_119_hr_3402_to_amend_the_securities_exch,
title = {119 HR 3402: To amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms, and for other purposes.},
publisher = {Apprised.news},
url = {https://apprised.news/bill/119hr3402},
note = {Accessed 2026-05-13}
}