Bill Text: CT SB00921 | 2017 | General Assembly | Introduced

Connecticut Senate Bill 921 (Prior Session Legislation)

Introduced

Bill Title: An Act Concerning A Study To Increase Disclosures By Investment Advisers.

Sponsorship: Committee Bill

Status: (Introduced - Dead) 2017-02-24 - Public Hearing 03/02 [SB00921 Detail]

Download: Connecticut-2017-SB00921-Introduced.html


General Assembly		*Raised Bill No. 921*
*January Session, 2017*		LCO No. 4412
		04412_______BA_
Referred to Committee on BANKING
Introduced by:
(BA)

AN ACT CONCERNING A STUDY TO INCREASE DISCLOSURES BY INVESTMENT ADVISERS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (Effective from passage) The Banking Commissioner shall conduct a study of investment advisers who work primarily with accredited investors. The Banking Commissioner shall report the findings of such study, in accordance with the provisions of section 11-4a of the general statutes, to the joint standing committee of the General Assembly having cognizance of matters relating to banking on or before January 1, 2018.


This act shall take effect as follows and shall amend the following sections:
Section 1	from passage	New section

Statement of Purpose:

To require a study of methods to increase disclosures by investment advisers.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]