H.R. 6321: Investment Adviser Regulatory Flexibility Improvement Act

CBO Score

$1 million

Date of Report

Tue July 17th, 2018

CBO Report Details

Legislation Details

115th Congress

To require the Securities and Exchange Commission to revise the definitions of a "small business" and "small organization" for purposes of assessing the impact of the Commission's rulemakings under the Investment Advisers Act of 1940.

Sponsor: Rep. Gwen Moore — D — WI

Investment Adviser Regulatory Flexibility Improvement Act This bill directs the Securities and Exchange Commission (SEC) to revise the definitions of "small business" and "small organization" for the purpose of analyzing the impact of regulations promulgated under the Investment Advisers Act of 1940. Specifically, the SEC must provide alternative methods through which a business or organization may qualify under such definitions.

View the full vote history of this bill on GovTrack.us.

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