Fair Access to Investment Research Act of 2015

Hozzl · 2023-01-11T13:31:24Z

Explore the details of House Bill 2356 Fair Access to Investment Research Act of 2015 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

1/11/2023, 1:31 PM

Congressional Summary of HR 2356

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Fair Access to Investment Research Act of 2015

(Sec. 2) This bill directs the Securities and Exchange Commission (SEC) to revise a specified regulation to create a safe harbor for certain publications or distributions of research reports by brokers or dealers distributing securities.

The revised regulation shall declare that, even if a broker or dealer participates in the registered offering of a covered investment fund's securities, the investment fund research report shall not be deemed to constitute an offer for sale nor an offer to sell a security that is the subject of the offering pursuant to a registration statement that the issuer proposes to file, or has filed, or that is effective.

The covered investment fund research report shall indeed be deemed to satisfy the regulation's requirements as well as those of any self-regulatory organization.

The SEC shall not impose specified conditions and requirements when implementing the safe harbor.

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Current Status of Bill HR 2356

Bill HR 2356 is currently in the status of Bill Introduced since May 15, 2015. Bill HR 2356 was introduced during Congress 114 and was introduced to the House on May 15, 2015. Bill HR 2356's most recent activity was Placed on the Union Calendar, Calendar No. 304. as of January 28, 2016

Bipartisan Support of Bill HR 2356

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2356

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

Administrative law and regulatory proceduresFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)

Alternate Title(s) of Bill HR 2356

Fair Access to Investment Research Act of 2015To direct the Securities and Exchange Commission to provide a safe harbor related to certain investment fund research reports, and for other purposes.Fair Access to Investment Research Act of 2015Fair Access to Investment Research Act of 2015

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