Municipal Advisor Choice Act

1/11/2023, 1:32 PM

Municipal Advisor Choice Act

This bill amends the Securities Exchange Act of 1934 to provide that an issuer of municipal securities is not required to retain a municipal advisor prior to issuing securities.

Congress
114

Number
HR - 5596

Introduced on
2016-06-28

# Amendments
0

Sponsors
+5

Variations and Revisions

6/28/2016

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Municipal Advisor Choice Act

This bill amends the Securities Exchange Act of 1934 to provide that an issuer of municipal securities is not required to retain a municipal advisor prior to issuing securities.

Alternative Names
Official Title as IntroducedTo amend the Securities Exchange Act of 1934 to provide that an issuer of municipal securities is not required to retain a municipal advisor prior to issuing any such securities.

Policy Areas
Finance and Financial Sector

Potential Impact
Securities
State and local finance

Comments

Recent Activity

Latest Summary10/5/2016

Municipal Advisor Choice Act

This bill amends the Securities Exchange Act of 1934 to provide that an issuer of municipal securities is not required to retain a municipal advisor prior to issuing securities.


Latest Action6/28/2016
Referred to the House Committee on Financial Services.