Bill Title: To amend the Investment Advisers Act of 1940 to codify certain Securities and Exchange Commission no-action letters that exclude brokers and dealers compensated for certain research services from the definition of investment adviser, and for other purposes.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Engrossed) 2023-07-12 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. [HB2622 Detail]

Text: Latest bill text (Engrossed) [PDF]

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