3.0.0 910 2023-01-11T13:34:58Z 2023-01-11T13:34:58Z House HR 2017-02-07 115 [Congressional Record Volume 163, Number 21 (Tuesday, February 7, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HILL:H.R. 910.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3[Page H1084]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2017-05-02T16:32:29Z hsba00 Financial Services Committee House Standing Reported by 2017-05-01T17:04:55Z Markup by 2017-03-09T22:18:11Z Referred to 2017-02-07T15:02:50Z H. Rept. 115-102 Financial CHOICE Act of 2017 115 10 HR 2017-07-13 Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108. Related bill CRS Interior and Environment, Agriculture and Rural Development, Commerce, Justice, Science, Financial Services and General Government, Homeland Security, Labor, Health and Human Services, Education, State and Foreign Operations, Transportation, Housing and Urban Development, Defense, Military Construction and Veterans Affairs, Legislative Branch, and Energy and Water Development Appropriations Act, 2018 115 3354 HR 2017-09-27 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 230. Related bill CRS Financial Services and General Government Appropriations Act, 2018 115 3280 HR 2017-07-26 Committee on Appropriations Senate Subcommittee on Financial Services and General Government. Hearings held on the subject prior to measure being received from the House. Hearings printed: S. Hrg. 115-191. Related bill CRS Fair Access to Investment Research Act of 2017 115 327 S 2017-10-06 Signed by President. Identical bill CRS 2017-05-02 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2017-05-01 18:55:12 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2017-05-01 18:55:11 On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 2 (Roll no. 237). (text: CR H2978-2979) Floor H37300 2 House floor actions 237 https://clerk.house.gov/evs/2017/roll237.xml House 115 2017-05-01T22:55:11Z 1 2017-05-01 18:55:11 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 2 (Roll no. 237).(text: CR H2978-2979) Floor 8000 9 Library of Congress 237 https://clerk.house.gov/evs/2017/roll237.xml House 115 2017-05-01T22:55:11Z 1 2017-05-01 18:31:40 Considered as unfinished business. (consideration: CR H2987-2988) Floor H30000 2 House floor actions 2017-05-01 16:44:43 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. Floor H37220 2 House floor actions 2017-05-01 16:32:14 DEBATE - The House proceeded with forty minutes of debate on H.R. 910. Floor H8D000 2 House floor actions 2017-05-01 16:32:10 Considered under suspension of the rules. (consideration: CR H2978-2980) Floor H30000 2 House floor actions 2017-05-01 16:32:05 Mr. Hill moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2017-05-01 Placed on the Union Calendar, Calendar No. 59. Calendars H12410 2 House floor actions U00059 2017-05-01 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-102. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2017-05-01 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-102. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2017-03-09 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 56 - 2. Committee 2017-03-09 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2017-02-07 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-02-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-02-07 Introduced in House IntroReferral 1000 9 Library of Congress H001072 Rep. Hill, J. French [R-AR-2] J. Hill R AR French 2 N F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2017-02-07 True H001074 Rep. Hollingsworth, Trey [R-IN-9] Trey Hollingsworth R IN 9 2017-03-08 False B001303 Rep. Blunt Rochester, Lisa [D-DE-At Large] Lisa Blunt Rochester D DE 0 2017-03-09 False G000583 Rep. Gottheimer, Josh [D-NJ-5] Josh Gottheimer D NJ 5 2017-03-10 False S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2017-03-10 False M001189 Rep. Messer, Luke [R-IN-6] Luke Messer R IN 6 2017-05-01 False 2017-03-30T19:58:00Z H.R. 910, Fair Access to Investment Research Act of 2017 https://www.cbo.gov/publication/52564 As ordered reported by the House Committee on Financial Services on March 9, 2017 Finance and Financial Sector Administrative law and regulatory procedures Financial services and investments Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2017-02-07 Introduced in House 2017-05-03T13:03:41Z Fair Access to Investment Research Act of 2017

This bill directs the Securities and Exchange Commission (SEC) to establish and implement a "safe harbor" for certain investment fund research reports published by brokers and dealers. Such reports shall be deemed not to be "offers" under specified provisions of securities law, even if the broker or dealer participates in the registered offering of the investment fund's securities.

In implementing the safe harbor, the SEC must prohibit a self-regulatory organization from maintaining or enforcing a rule that would prevent a member from: (1) publishing or distributing a covered investment fund research report solely because the member is also participating in a registered offering of the fund, or (2) participating in a registered offering of a covered investment fund solely because the member has published a research report about the fund.

The bill restricts the SEC from conditioning the safe harbor upon specified requirements.

]]> 36 2017-05-01 Passed House amended 2017-07-14T16:03:23Z Fair Access to Investment Research Act of 2017

(Sec. 2) This bill directs the Securities and Exchange Commission (SEC) to establish and implement a "safe harbor" for certain investment fund research reports published by brokers and dealers. Such reports shall be deemed not to be "offers" under specified provisions of securities law, even if the broker or dealer participates in the registered offering of the investment fund's securities.

In implementing the safe harbor, the SEC must prohibit a self-regulatory organization from maintaining or enforcing a rule that would prevent a member from: (1) publishing or distributing a covered investment fund research report solely because the member is also participating in a registered offering of the fund, or (2) participating in a registered offering of a covered investment fund solely because the member has published a research report about the fund.

The bill restricts the SEC from conditioning the safe harbor upon specified requirements.

]]> Fair Access to Investment Research Act of 2017 Display Title Fair Access to Investment Research Act of 2017 Official Title as Introduced To direct the Securities and Exchange Commission to provide a safe harbor related to certain investment fund research reports, and for other purposes. Introduced in House IH Short Titles as Introduced Fair Access to Investment Research Act of 2017 Short Titles as Reported to House Fair Access to Investment Research Act of 2017 H House Short Titles as Passed House Fair Access to Investment Research Act of 2017 H House Referred in Senate 2017-05-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr910rfs/xml/BILLS-115hr910rfs.xml Reported in House 2017-05-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr910rh/xml/BILLS-115hr910rh.xml Engrossed in House 2017-05-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr910eh/xml/BILLS-115hr910eh.xml Introduced in House 2017-02-07T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr910ih/xml/BILLS-115hr910ih.xml 2017-05-02 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.