Senate Bill 3735 - Protecting Innovation in Investment Act

Purpose and Summary

Chamber: Senate

Introduced date: 2024-02-06

Recent Activity

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Alternative Names

Protecting Innovation in Investment Act

Protecting Innovation in Investment Act

A bill to prohibit the Securities and Exchange Commission from finalizing, implementing, or enforcing a proposed rule with respect to conflicts of interest associated with the use of predictive data analytics by broker-dealers and investment advisers, and for other purposes.

Associated Legislation

undefined

Policy Areas

undefined

Potential Impact

undefined

Sponsors and Supporters

Sen. Cruz, Ted [R-TX]

Cosponsors and Supporters

Sen. Hagerty, Bill [R-TN]

Sen. Rounds, Mike [R-SD]

Committees and Subcommittees

Banking, Housing, and Urban Affairs Committee

Variations and Revisions

Protecting Innovation in Investment Act

2/16/2024, 3:28 PM
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
118
Number
S - 3735
Introduced on
2024-02-06
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

2/6/2024
Text
PDF
XML

Status of Legislation

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

Purpose and Summary

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Alternative Names
Official Title as IntroducedA bill to prohibit the Securities and Exchange Commission from finalizing, implementing, or enforcing a proposed rule with respect to conflicts of interest associated with the use of predictive data analytics by broker-dealers and investment advisers, and for other purposes.

Comments

Recent Activity

Latest Action2/6/2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.