From the Document: "In 2018, U.S. corporations announced plans to buyback a record $1.08 trillion of their own stock--a trend that has attracted scrutiny and generated a number of legislative proposals designed to curb the practice's prevalence. This Legal Sidebar provides a general overview of the regulatory framework surrounding stock buybacks and these recent reform proposals. The Sidebar (1) reviews the debate over the social value of stock buybacks, (2) discusses the regulatory regime surrounding buybacks, and (3) examines a number of proposals to reform this framework that have been proposed in legislation, popular commentary, and the academic literature."
CRS Legal Sidebar, LSB10266
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html