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Increasing Access to Adviser Information Act

12/29/2022, 10:48 PM

Congressional Summary of S 3965

Increasing Access to Adviser Information Act

This bill excludes from investment adviser regulations any research activity performed by a broker or a dealer in line with similar foreign laws and regulations.

Current Status of Bill S 3965

Bill S 3965 is currently in the status of Bill Introduced since March 30, 2022. Bill S 3965 was introduced during Congress 117 and was introduced to the Senate on March 30, 2022.  Bill S 3965's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 30, 2022

Bipartisan Support of Bill S 3965

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3965

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3965

Increasing Access to Adviser Information Act
Increasing Access to Adviser Information Act
A bill to provide that broker-dealers who provide research services to an investment manager and receive payments from certain accounts is not an investment adviser, and for other purposes.

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