IV 
House Calendar No. 46 
116TH CONGRESS 
1ST SESSION 
H. RES. 629 
[Report No. 116–237] 
Providing for consideration of the bill (H.R. 1815) to require the Securities 
and Exchange Commission, when developing rules and regulations about 
disclosures to retail investors, to conduct investor testing, including a 
survey and interviews of retail investors, and for other purposes, and 
providing for consideration of the bill (H.R. 3624) to amend the Securi-
ties Exchange Act of 1934 to require the disclosure of the total number 
of domestic and foreign employees of certain public companies, and 
for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 15, 2019 
Mr. DESAULNIER, from the Committee on Rules, reported the following reso-
lution; which was referred to the House Calendar and ordered to be print-
ed 
RESOLUTION 
Providing for consideration of the bill (H.R. 1815) to require 
the Securities and Exchange Commission, when devel-
oping rules and regulations about disclosures to retail 
investors, to conduct investor testing, including a survey 
and interviews of retail investors, and for other purposes, 
and providing for consideration of the bill (H.R. 3624) 
to amend the Securities Exchange Act of 1934 to require 
the disclosure of the total number of domestic and for-
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eign employees of certain public companies, and for other 
purposes. 
Resolved, That at any time after adoption of this reso-
lution the Speaker may, pursuant to clause 2(b) of rule 
XVIII, declare the House resolved into the Committee of 
the Whole House on the state of the Union for consider-
ation of the bill (H.R. 1815) to require the Securities and 
Exchange Commission, when developing rules and regula-
tions about disclosures to retail investors, to conduct in-
vestor testing, including a survey and interviews of retail 
investors, and for other purposes. The first reading of the 
bill shall be dispensed with. All points of order against 
consideration of the bill are waived. General debate shall 
be confined to the bill and amendments specified in this 
section and shall not exceed one hour equally divided and 
controlled by the chair and ranking minority member of 
the Committee on Financial Services. After general debate 
the bill shall be considered for amendment under the five- 
minute rule. In lieu of the amendment in the nature of 
a substitute recommended by the Committee on Financial 
Services now printed in the bill, an amendment in the na-
ture of a substitute consisting of the text of Rules Com-
mittee Print 116-34, modified by the amendment printed 
in part A of the report of the Committee on Rules accom-
panying this resolution, shall be considered as adopted in 
the House and in the Committee of the Whole. The bill, 
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as amended, shall be considered as the original bill for 
the purpose of further amendment under the five-minute 
rule and shall be considered as read. All points of order 
against provisions in the bill, as amended, are waived. No 
further amendment to the bill, as amended, shall be in 
order except those printed in part B of the report of the 
Committee on Rules. Each such further amendment may 
be offered only in the order printed in the report, may 
be offered only by a Member designated in the report, 
shall be considered as read, shall be debatable for the time 
specified in the report equally divided and controlled by 
the proponent and an opponent, shall not be subject to 
amendment, and shall not be subject to a demand for divi-
sion of the question in the House or in the Committee 
of the Whole. All points of order against such further 
amendments are waived. At the conclusion of consider-
ation of the bill for amendment the Committee shall rise 
and report the bill, as amended, to the House with such 
further amendments as may have been adopted. The pre-
vious question shall be considered as ordered on the bill, 
as amended, and on any further amendment thereto to 
final passage without intervening motion except one mo-
tion to recommit with or without instructions. 
SEC. 2. At any time after adoption of this resolution 
the Speaker may, pursuant to clause 2(b) of rule XVIII, 
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declare the House resolved into the Committee of the 
Whole House on the state of the Union for consideration 
of the bill (H.R. 3624) to amend the Securities Exchange 
Act of 1934 to require the disclosure of the total number 
of domestic and foreign employees of certain public com-
panies, and for other purposes. The first reading of the 
bill shall be dispensed with. All points of order against 
consideration of the bill are waived. General debate shall 
be confined to the bill and shall not exceed one hour equal-
ly divided and controlled by the chair and ranking minor-
ity member of the Committee on Financial Services. After 
general debate the bill shall be considered for amendment 
under the five-minute rule. It shall be in order to consider 
as an original bill for the purpose of amendment under 
the five-minute rule the amendment in the nature of a sub-
stitute recommended by the Committee on Financial Serv-
ices now printed in the bill. The committee amendment 
in the nature of a substitute shall be considered as read. 
All points of order against the committee amendment in 
the nature of a substitute are waived. No amendment to 
the committee amendment in the nature of a substitute 
shall be in order except those printed in part C of the 
report of the Committee on Rules accompanying this reso-
lution. Each such amendment may be offered only in the 
order printed in the report, may be offered only by a Mem-
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ber designated in the report, shall be considered as read, 
shall be debatable for the time specified in the report 
equally divided and controlled by the proponent and an 
opponent, shall not be subject to amendment, and shall 
not be subject to a demand for division of the question 
in the House or in the Committee of the Whole. All points 
of order against such amendments are waived. At the con-
clusion of consideration of the bill for amendment the 
Committee shall rise and report the bill to the House with 
such amendments as may have been adopted. Any Member 
may demand a separate vote in the House on any amend-
ment adopted in the Committee of the Whole to the bill 
or to the committee amendment in the nature of a sub-
stitute. The previous question shall be considered as or-
dered on the bill and amendments thereto to final passage 
without intervening motion except one motion to recommit 
with or without instructions. 
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