Another Faso vote to help Wall Street and the super-wealthy hide more information from the public and investors.
Employee Stock Sales – Vote Passed (331-87, 11 Not Voting)
Passage of the bill that would direct the Securities and Exchange Commission to increase from $5 million to $10 million the annual amount of securities that privately-held companies can sell for employee compensation without needing to disclose certain information to investors.
Rep. John Faso voted YES