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H.R. 9732 (119th Congress)Committee
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To amend the Securities Exchange Act of 1934 to require issuers with a multi-class share structure to disclose certain shareholder voting results.

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Summary

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Based on the bill's title, this measure would amend the Securities Exchange Act of 1934 to require publicly traded companies with multi-class share structures to disclose certain shareholder voting results. Multi-class share structures typically give different voting rights to different classes of stock, allowing founders or insiders to maintain control with a minority economic stake. The bill would increase transparency around how shareholders vote in such companies.

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