3.0.0 6086 2023-01-11T13:21:41Z 2023-01-11T13:21:41Z House H HR 2010-08-10 111 hsgo00 Oversight and Accountability Committee House Standing Referred to 2010-08-10T13:02:46Z hsba00 Financial Services Committee House Standing Referred to 2010-08-10T13:02:45Z A bill to amend the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to provide for certain disclosures under section 552 of title 5, United States Code, (commonly referred to as the Freedom of Information Act), and for other purposes. 111 3717 S 2010-10-05 Became Public Law No: 111-257. Identical bill CRS 2010-08-10 Referred to House Oversight and Government Reform IntroReferral H11100 2 House floor actions hsgo00 Oversight and Accountability Committee 2010-08-10 Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2010-08-10 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-08-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-08-10 Introduced in House IntroReferral 1000 9 Library of Congress T000326 Rep. Towns, Edolphus [D-NY-10] EDOLPHUS TOWNS D NY 10 N Finance and Financial Sector Business records Financial services and investments Freedom of information Government information and archives Securities Finance and Financial Sector 00 2010-08-10 Introduced in House 2010-09-23T16:21:20Z Amends the Securities Exchange Act of 1934 to repeal the prohibition of the Dodd-Frank Wall Street Reform and Consumer Protection Act against compelling the Securities and Exchange Commission (SEC) to disclose records or information obtained from registered persons pursuant to its regulatory or oversight activities.

Declares that for purposes of the Freedom of Information Act (FOIA): (1) the SEC is an agency responsible for the regulation or supervision of financial institutions; and (2) any entity for which the SEC is the responsible regulator, supervisor, or examiner under such Act is a financial institution. (Thus retains the general exemption from FOIA of matters contained in or related to examination, operating, or condition reports prepared by, on behalf of, or for the use of the SEC and any other agency responsible for the regulation or supervision of financial institutions.)

Amends the Investment Company Act and the Investment Advisers Act to repeal similar prohibitions against compelling the SEC to disclose records or information provided to it by a registered investment company or investment adviser, or an underwriter, broker, dealer, or investment adviser that is a majority-owned subsidiary of such a company, for SEC use in furtherance of certain purposes, including surveillance, risk assessments, or other regulatory and oversight activities.

]]> To amend the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to provide for certain disclosures under section 552 of title 5, United States Code, (commonly referred to as the Freedom of Information Act), and for other purposes. Display Title To amend the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to provide for certain disclosures under section 552 of title 5, United States Code, (commonly referred to as the Freedom of Information Act), and for other purposes. Official Title as Introduced To amend the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to provide for certain disclosures under section 552 of title 5, United States Code, (commonly referred to as the Freedom of Information Act), and for other purposes. Introduced in House IH Introduced in House 2010-08-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6086ih/xml/BILLS-111hr6086ih.xml 2010-08-10 Referred to House Oversight and Government Reform 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.