Original Securities and Exchange Atonement Act of 2025

This bill would change federal securities law so that certain companies called “covered issuers” must complete a racial equity audit every two years. It also requires atonement for the descendants of enslaved persons. The text also references creating an Office of Minority Low to Moderate Income Programs, suggesting new efforts aimed at communities with lower incomes.

Key points

• Who is affected: “Covered issuers” (a term used in the bill for certain companies that issue securities)
• What changes: Regular racial equity audits; requirements tied to atonement for descendants of enslaved persons; a section on an Office of Minority Low to Moderate Income Programs
• When: Audits are required every two years; other timing details are not provided in the excerpt