3.0.0 3863 2023-01-15T09:47:44Z 2023-01-15T09:47:44Z House H HR 2004-02-26 108 hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Referred to 2004-03-22T17:00:32Z Referred to 2004-02-26T15:02:30Z 2004-03-22 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Committee 2004-02-26 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2004-02-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2004-02-26 Introduced in House IntroReferral 1000 9 Library of Congress S000275 Rep. Shadegg, John B. [R-AZ-3] JOHN SHADEGG R AZ 3 N H.R. 3863 https://www.congress.gov/bill/108th-congress/house-bill/3863 H.R. 5011 https://www.congress.gov/bill/108th-congress/house-bill/5011 Finance and Financial Sector Brokers Civil actions and liability Commerce Consumer education Data banks Electronic data interchange Fines (Penalties) Government Operations and Politics Government paperwork Grievance procedures Information disclosure (Securities law) Investment advisers Investors Labor and Employment Law Liability (Law) Professional ethics Science, Technology, Communications Securities regulation Stock exchanges Telephone User charges Finance and Financial Sector 00 2004-02-26 Introduced in House 2004-05-28T18:55:13Z Realtime Investor Protection Act - Amends the Securities Exchange Act of 1934 to require a registered securities association to: (1) establish and maintain a registration information system on its members and their associated persons; and (2) establish and maintain a toll-free telephone listing, and a readily accessible electronic or other process, to receive and promptly respond to inquiries regarding that information. (Currently such an association is required to maintain a toll-free telephone listing to receive inquiries regarding disciplinary actions involving its members and their associated persons.)

Amends the Investment Advisers Act of 1940 to authorize the Securities and Exchange Commission (SEC) to require an investment adviser to: (1) file with the SEC any fee, application, report, or notice required to be filed through any entity designated by the SEC for that purpose; and (2) pay the reasonable costs associated with such filing and the establishment and maintenance of the telephone and electronic systems required by this Act.

Directs the SEC to require the designated entity to establish and maintain a toll-free telephone listing, and a readily accessible electronic or other process, to receive and promptly respond to inquiries regarding registration information (including disciplinary actions, regulatory, judicial, and arbitration proceedings, involving investment advisers and persons associated with investment advisers).

]]> Realtime Investor Protection Act Display Title Realtime Investor Protection Act Official Title as Introduced To improve the access of investors to regulatory records with respect to securities brokers, dealers, and investment advisers. Introduced in House IH Short Titles as Introduced Realtime Investor Protection Act Introduced in House 2004-02-26T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-108hr3863ih/xml/BILLS-108hr3863ih.xml 2004-03-22 Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.