HR-6371 : Still Just a Bill

This bill requires certain issuers of securities to report to the Securities and Exchange Commission (SEC), during a global pandemic, information related to risks faced by the issuer. Specifically, if the World Health Organization declares a pandemic, an issuer must disclose to the SEC

• risks faced by the issuer, including risks to health and safety faced by employees and independent contractors;
• mitigation measures, including those taken to protect the workforce's wages, health care, and leave; and
• the effect the pandemic may have on the issuer's business, solvency, and workforce.

The SEC must make such reports publicly available on its website.