Access to Small Business Investor Capital Act

Bill 119 HR 2225, also known as the "Registered Investment Company Fee Transparency Act," aims to allow registered investment companies to exclude certain fees from the calculation of Acquired Fund Fees and Expenses. This bill seeks to provide greater transparency and clarity in the reporting of fees associated with investment funds.

The main purpose of this bill is to ensure that investors have a clear understanding of the fees they are being charged when investing in registered investment companies. By allowing these companies to omit certain fees from the calculation of Acquired Fund Fees and Expenses, investors will have a more accurate picture of the total costs associated with their investments.

In addition to promoting transparency, this bill also aims to streamline the reporting process for registered investment companies. By simplifying the calculation of fees, these companies will be able to more efficiently report their expenses to investors and regulatory authorities. Overall, Bill 119 HR 2225 seeks to enhance transparency and efficiency in the reporting of fees for registered investment companies. This legislation is designed to benefit investors by providing them with a clearer understanding of the costs associated with their investments, ultimately leading to more informed decision-making.