summary
Introduced
07/10/2018
07/10/2018
In Committee
07/11/2018
07/11/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Investment Adviser Regulatory Flexibility Improvement Act This bill directs the Securities and Exchange Commission (SEC) to revise the definitions of "small business" and "small organization" for the purpose of analyzing the impact of regulations promulgated under the Investment Advisers Act of 1940. Specifically, the SEC must provide alternative methods through which a business or organization may qualify under such definitions.
AI Summary
This bill directs the Securities and Exchange Commission (SEC) to revise the definitions of "small business" and "small organization" for the purpose of analyzing the impact of regulations promulgated under the Investment Advisers Act of 1940. Specifically, the SEC must provide alternative methods through which a business or organization may qualify under such definitions. This change aims to ensure that the SEC's assessment of the impact of its rules on small entities is more comprehensive and accurately reflects the landscape of investment advisory firms.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Placed on the Union Calendar, Calendar No. 682. (on 08/03/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
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