legislation: 107-s-2822
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 107-s-2822 | 107 | s | 2822 | Prevention of Stock Option Abuse Act | Finance and Financial Sector | 2002-07-30 | 2002-07-30 | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate | Sen. Wyden, Ron [D-OR] | OR | D | W000779 | 0 | Prevention of Stock Option Abuse Act - Instructs the Securities and Exchange Commission to promulgate stock option rules requiring a publicly traded corporation to: (1) obtain prior shareholder approval of stock option compensation plans; and (2) issue to directors or executive officers stock options that have a minimum five-year vesting period.Mandates that such rules also: (1) stagger both the percentage of company stock sold by a director or executive officer and the time periods within which it may be sold; and (2) require quarterly corporate filings to include the total quantity of outstanding stock options held by senior management and staff, as well as a stock option status report. | 2025-08-19T17:31:15Z | https://www.congress.gov/bill/107th-congress/senate-bill/2822 |