US HB910 | 2017-2018 | 115th Congress
Status
Spectrum: Bipartisan Bill
Status: Engrossed on May 2 2017 - 50% progression, died in committee
Action: 2017-05-02 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on May 2 2017 - 50% progression, died in committee
Action: 2017-05-02 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Fair Access to Investment Research Act of 2017 (Sec. 2) This bill directs the Securities and Exchange Commission (SEC) to establish and implement a "safe harbor" for certain investment fund research reports published by brokers and dealers. Such reports shall be deemed not to be "offers" under specified provisions of securities law, even if the broker or dealer participates in the registered offering of the investment fund's securities. In implementing the safe harbor, the SEC must prohibit a self-regulatory organization from maintaining or enforcing a rule that would prevent a member from: (1) publishing or distributing a covered investment fund research report solely because the member is also participating in a registered offering of the fund, or (2) participating in a registered offering of a covered investment fund solely because the member has published a research report about the fund. The bill restricts the SEC from conditioning the safe harbor upon specified requirements.
Title
Fair Access to Investment Research Act of 2017
Sponsors
Rep. French Hill [R-AR] | Rep. Bill Foster [D-IL] | Rep. Trey Hollingsworth [R-IN] | Rep. Lisa Rochester [D-DE] |
Rep. Josh Gottheimer [D-NJ] | Rep. Brad Sherman [D-CA] | Rep. Luke Messer [R-IN] |
Roll Calls
2017-05-01 - House - On motion to suspend the rules and pass the bill, as amended RC# 237 (Y: 405 N: 2 NV: 23 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2017-05-02 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
2017-05-01 | House | Motion to reconsider laid on the table Agreed to without objection. |
2017-05-01 | House | On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 2 (Roll no. 237). (text: CR H2978-2979) |
2017-05-01 | House | Considered as unfinished business. (consideration: CR H2987-2988) |
2017-05-01 | House | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. |
2017-05-01 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 910. |
2017-05-01 | House | Considered under suspension of the rules. (consideration: CR H2978-2980) |
2017-05-01 | House | Mr. Hill moved to suspend the rules and pass the bill, as amended. |
2017-05-01 | House | Placed on the Union Calendar, Calendar No. 59. |
2017-05-01 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 115-102. |
2017-03-09 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 56 - 2. |
2017-03-09 | House | Committee Consideration and Mark-up Session Held. |
2017-02-07 | House | Referred to the House Committee on Financial Services. |
2017-02-07 | House | Introduced in House |
Same As/Similar To
HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
SB327 (Same As) 2017-10-06 - Became Public Law No: 115-66. (TXT | PDF)
HR375 (Similar To) 2017-06-07 - Motion to reconsider laid on the table Agreed to without objection.
HB3280 (Related) 2017-07-26 - Committee on Appropriations Senate Subcommittee on Financial Services and General Government. Hearings held on the subject prior to measure being received from the House. Hearings printed: S. Hrg. 115-191.
HB3354 (Related) 2017-09-27 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 230.
SB327 (Same As) 2017-10-06 - Became Public Law No: 115-66. (TXT | PDF)
HR375 (Similar To) 2017-06-07 - Motion to reconsider laid on the table Agreed to without objection.
HB3280 (Related) 2017-07-26 - Committee on Appropriations Senate Subcommittee on Financial Services and General Government. Hearings held on the subject prior to measure being received from the House. Hearings printed: S. Hrg. 115-191.
HB3354 (Related) 2017-09-27 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 230.
Subjects
Administrative law and regulatory procedures
Finance and financial sector
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
Finance and financial sector
Financial services and investments
Securities
Securities and Exchange Commission (SEC)