Improving Disclosure for Investors Act of 2025

# Improving Disclosure for Investors Act of 2025 **What the Bill Does:** The Improving Disclosure for Investors Act of 2025 is a proposed law that would change what information companies must publicly share with investors. While the bill's specific details aren't available in the summary provided, bills with this title typically aim to modify SEC (Securities and Exchange Commission) disclosure requirements—meaning they would alter rules about what financial and business information publicly traded companies must report to shareholders and the public. **Who It Affects:** This bill would primarily impact publicly traded companies (those whose stock trades on exchanges), investors who buy company stock, and potentially investment advisors. It could also affect the SEC, which enforces disclosure rules.

The changes might make it easier or harder for companies to report certain information, depending on the bill's specific provisions. **Current Status:** As of now, the bill is in committee, meaning it has been introduced in the Senate but hasn't yet been voted on by the full chamber. Senator Thomas Tillis (R-NC) sponsored the bill. At this early stage, it's unclear whether it will advance to a broader vote or what modifications might be made as it moves through the legislative process. **Note:** For specific details about what disclosures would change, you can review the full bill text on Congress.gov.