U.S. Territories Investor Protection Act of 2016
1/11/2023, 1:34 PMCongressional Summary of S 3467
U.S. Territories Investor Protection Act of 2016
This bill amends the Investment Company Act of 1940 to repeal the exemption from its coverage of investment companies created under the laws of Puerto Rico, the Virgin Islands, or any other U.S. possession.
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Current Status of Bill S 3467
Bill S 3467 is currently in the status of Bill Introduced since September 29, 2016. Bill S 3467 was introduced during Congress 114 and was introduced to the Senate on September 29, 2016. Bill S 3467's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of September 29, 2016Bipartisan Support of Bill S 3467
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3467
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
Banking and financial institutions regulationCaribbean areaFinancial services and investmentsPuerto RicoSecuritiesU.S. territories and protectoratesVirgin IslandsAlternate Title(s) of Bill S 3467
U.S. Territories Investor Protection Act of 2016A bill to amend the Investment Company Act of 1940 to terminate an exemption for companies located in Puerto Rico, the Virgin Islands, and any other possession of the United States.U.S. Territories Investor Protection Act of 2016Comments
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Sponsors and Cosponsors of S 3467
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