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US S3579

US S3579
Investment Adviser Regulatory Flexibility Improvement Act


summary

Introduced
10/11/2018
In Committee
10/11/2018
Crossed Over
Passed
Dead
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, and it must consider whether to include a threshold with respect to the number of non-clerical employees as one of the alternative methods.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 10/11/2018)

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