3.0.0 5712 2023-01-13T04:50:46Z 2023-01-13T04:50:46Z House H HR 2006-06-29 109 hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Referred to 2006-07-18T16:32:09Z Referred to 2006-06-29T14:00:10Z 2006-07-18 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Committee 2006-06-29 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2006-06-29 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-06-29 Introduced in House IntroReferral 1000 9 Library of Congress F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 N K000008 Rep. Kanjorski, Paul E. [D-PA-11] PAUL KANJORSKI D PA E. 11 2006-06-29 True C001037 Rep. Capuano, Michael E. [D-MA-8] MICHAEL CAPUANO D MA E. 8 2006-06-29 True G000544 Rep. Gonzalez, Charles A. [D-TX-20] CHARLES GONZALEZ D TX A. 20 2006-07-18 False Finance and Financial Sector Administrative procedure Futures trading Government Operations and Politics Government paperwork Independent regulatory commissions Information disclosure (Securities law) Investment advisers Law Mutual funds Securities and Exchange Commission Securities regulation Finance and Financial Sector 00 2006-06-29 Introduced in House 2006-08-28T15:36:16Z Securities and Exchange Commission Authority Restoration Act of 2006 - Amends the Investment Advisers Act of 1940 with respect to the exemption from the requirement of registration for any investment adviser: (1) who has had fewer than fifteen clients during the course of the preceding twelve months; and (2) who neither holds himself out generally to the public as an investment adviser, nor acts an an investment adviser to any registered investment company or a company which has elected to be a business development company.

Authorizes the Securities and Exchange Commission (SEC) to: (1) limit the availability of this exemption; and (2) require the registration of any investment adviser by requiring that certain shareholders, partners, and beneficial owners of, or investors in, clients of the adviser be counted as clients themselves.

]]> Securities and Exchange Commission Authority Restoration Act of 2006 Display Title Securities and Exchange Commission Authority Restoration Act of 2006 Official Title as Introduced To amend the Investment Advisers Act of 1940 to authorize the Commission to require the registration of hedge fund advisers under that Act. Introduced in House IH Short Titles as Introduced Securities and Exchange Commission Authority Restoration Act of 2006 Introduced in House 2006-06-29T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr5712ih/xml/BILLS-109hr5712ih.xml 2006-07-18 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.