H. R. 8239, titled the “SEC Regulatory Accountability Act,” aims to improve how the Securities and Exchange Commission (SEC) considers the costs and benefits of its regulations and orders. It requires the SEC to evaluate problems, identify market impacts, and assess costs and...
Simple Explanation
H. R. 8239 is a plan to make sure the people in charge of keeping our money safe, like the SEC, think about how much their rules will help or hurt everyone before they make them. It also checks to make sure the rules aren't too hard to follow and that they keep checking if the rules are working well.