# 114-hr-5311: Corporate Governance Reform and Transparency Act of 2016

114-hr-5311, Corporate Governance Reform and Transparency Act of 2016, is a 114th Congress bill sponsored by Rep. Duffy, Sean P. [R-WI-7] (R-WI); status Placed on the Union Calendar, Calendar No. 621. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5311
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5311
- Congress: 114
- Title: Corporate Governance Reform and Transparency Act of 2016
- Status: Placed on the Union Calendar, Calendar No. 621.
- Introduced: 2016-05-24
- Sponsor: Rep. Duffy, Sean P. [R-WI-7] (R-WI)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Corporate Governance Reform and Transparency Act of 2016 This bill amends the Securities Exchange Act of 1934 to require the registration of proxy advisory firms and make it unlawful for an unregistered proxy advisory firm to make use of the mails or any means or instrumentality of interstate commerce to provide proxy voting research, analysis, or recommendations to any client. "Proxy advisory firm" means any person registered under this bill who is engaged in the business of providing proxy voting research, analysis, or recommendations to clients, which conduct constitutes a solicitation, except to the extent that the person is exempted by Securities and Exchange Commission (SEC) rules and regulations from requirements that otherwise apply to persons engaged in a solicitation. The bill prescribes both registration and termination procedures. The SEC shall report annually on its Internet website about proxy advisory firm registration applicants, actions taken on the applications, and specified related matters.

## Cosponsors (1)

- Rep. Carney, John C., Jr. [D-DE-At Large] (D-DE), 2016-05-24T00:00:00.000Z

## Related bills

- 114-hr-6427: Creating Financial Prosperity for Businesses and Investors Act
- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-4352: Faster Care for Veterans Act of 2016
- 114-hr-4172: Credit Access and Inclusion Act of 2015
- 114-hr-3784: SEC Small Business Advocate Act of 2016
- 114-hr-3381: Childhood Cancer STAR Act

## Sources
- [114-hr-5311 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5311)

## Related
- [114-hr-6427: Creating Financial Prosperity for Businesses and Investors Act](https://policyrisk.com/legislation/114-hr-6427)
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-4352: Faster Care for Veterans Act of 2016](https://policyrisk.com/legislation/114-hr-4352)
- [114-hr-4172: Credit Access and Inclusion Act of 2015](https://policyrisk.com/legislation/114-hr-4172)
- [114-hr-3784: SEC Small Business Advocate Act of 2016](https://policyrisk.com/legislation/114-hr-3784)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5311 (as of 2025-11-18).