NY A00675 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on January 11 2023 - 25% progression
Action: 2024-01-03 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Relates to mandating greater levels of disclosure by non-fiduciaries that provide investment advice; requires signed acknowledgement of disclosure informing clients that the advisor owes no fiduciary duty.

Tracking Information

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Title

Relates to mandating greater levels of disclosure by non-fiduciaries that provide investment advice; requires signed acknowledgement of disclosure informing clients that the advisor owes no fiduciary duty.

Sponsors


History

DateChamberAction
2024-01-03Assemblyreferred to judiciary
2023-01-11Assemblyreferred to judiciary

New York State Sources


Bill Comments

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