3.0.0 327 2023-09-05T16:11:49Z 2023-09-05T16:11:49Z Senate S 2017-02-07 115 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Reported by 2017-03-13T22:31:18Z Markup by 2017-03-09T18:07:05Z Referred to 2017-02-07T17:15:19Z 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 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 115 910 HR 2017-05-02 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Identical bill CRS 2017-10-06 Signed by President. President E30000 2 House floor actions 2017-10-06 Signed by President. BecameLaw 36000 9 Library of Congress 2017-09-29 Presented to President. Floor E20000 2 House floor actions 2017-09-29 Presented to President. President 28000 9 Library of Congress 2017-09-27 16:36:35 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2017-09-27 16:36:33 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H7547-7548) Floor H37300 2 House floor actions 2017-09-27 16:36:33 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H7547-7548) Floor 8000 9 Library of Congress 2017-09-27 16:29:02 DEBATE - The House proceeded with forty minutes of debate on S. 327. Floor H8D000 2 House floor actions 2017-09-27 16:29:01 Considered under suspension of the rules. (consideration: CR H7547-7549) Floor H30000 2 House floor actions 2017-09-27 16:28:38 Mr. Hill moved to suspend the rules and pass the bill. Floor H30300 2 House floor actions 2017-09-12 19:59:35 Held at the desk. Floor H15000 2 House floor actions 2017-09-12 Senate Message on Senate action sent to the House. Floor 2017-09-12 17:06:16 Received in the House. Floor H14000 2 House floor actions 2017-09-11 Senate Passed Senate with amendments by Unanimous Consent. (text: CR S5167-5168) Floor 2017-09-11 Passed/agreed to in Senate: Passed Senate with amendments by Unanimous Consent.(text: CR S5167-5168) Floor 17000 9 Library of Congress 2017-09-11 Senate Measure laid before Senate by unanimous consent. (consideration: CR S5166-5168) Floor 2017-03-13 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 11. Calendars 2017-03-13 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Reported by Senator Crapo with amendments. Without written report. Committee 2017-03-13 Committee on Banking, Housing, and Urban Affairs. Reported by Senator Crapo with amendments. Without written report. Committee 14000 9 Library of Congress ssbk00 Banking, Housing, and Urban Affairs Committee 2017-03-09 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment favorably. Committee 2017-02-07 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2017-02-07 Introduced in Senate IntroReferral 10000 9 Library of Congress H001041 Sen. Heller, Dean [R-NV] Dean Heller R NV N P000595 Sen. Peters, Gary C. [D-MI] Gary Peters D MI 2017-02-07 True P000612 Sen. Perdue, David [R-GA] David Perdue R GA Alfred 2017-03-06 False 2017-03-30T19:59:00Z S. 327, Fair Access to Investment Research Act of 2017 https://www.cbo.gov/publication/52563 As reported by the Senate Committee on Banking, Housing, and Urban Affairs on March 13, 2017 Public Law 115-66 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 Senate 2017-07-11T20:29:56Z 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.

]]> 01 2017-03-13 Reported to Senate with amendment(s) 2017-07-13T19:23:30Z 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.

]]> 35 2017-09-11 Passed Senate amended 2018-03-01T22:21:01Z 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.

The safe harbor shall generally not apply to reports about a business development company or a registered closed-end investment company published by a broker or dealer during a specified time frame.

]]> 81 2017-09-27 Passed House without amendment 2018-03-16T22:09:42Z (This measure has not been amended since it was passed by the Senate on September 11, 2017. The summary of that version is repeated here.)

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.

The safe harbor shall generally not apply to reports about a business development company or a registered closed-end investment company published by a broker or dealer during a specified time frame.

]]> 49 2017-10-06 Public Law 2018-04-02T14:49:29Z 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.

The safe harbor shall generally not apply to reports about a business development company or a registered closed-end investment company published by a broker or dealer during a specified time frame.

]]> Fair Access to Investment Research Act of 2017 Display Title Fair Access to Investment Research Act of 2017 Official Title as Introduced A bill 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 Senate IS Short Titles as Passed House Fair Access to Investment Research Act of 2017 H House Short Titles as Introduced Fair Access to Investment Research Act of 2017 Short Titles as Enacted Fair Access to Investment Research Act of 2017 Short Titles as Passed Senate Fair Access to Investment Research Act of 2017 S Senate Short Titles as Reported to Senate Fair Access to Investment Research Act of 2017 S Senate 935 115 SAMDT To improve the bill. 2020-12-15T16:57:01Z 2017-09-11 Amendment SA 935 agreed to in Senate by Unanimous Consent. SA 935 https://www.congress.gov/amendment/115th-congress/senate-amendment/935 W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 1 1 H001041 Sen. Heller, Dean [R-NV] Dean Heller R NV 2017-09-11 True 2017-09-11T04:00:00Z 2017-09-11T04:00:00Z Senate 115 S Senate S 327 Fair Access to Investment Research Act of 2017 2023-09-05T16:11:49Z 6 2017-09-11 0 Senate Amendment SA 935 agreed to in Senate by Unanimous Consent. Floor 2017-09-11 0 Senate Amendment SA 935 proposed by Senator McConnell for Senator Warren. (consideration: CR S5167; text: CR S5167) To improve the bill. Floor 2017-09-11 Senate amendment proposed (on the floor): Amendment SA 935 proposed by Senator McConnell for Senator Warren.(consideration: CR S5167; text: CR S5167) Floor 93000 9 Library of Congress 2017-09-11 Senate amendment agreed to: Amendment SA 935 agreed to in Senate by Unanimous Consent. Floor 94000 9 Library of Congress 2017-09-11 Senate amendment submitted Floor 91000 9 Library of Congress Enrolled Bill https://www.govinfo.gov/content/pkg/BILLS-115s327enr/xml/BILLS-115s327enr.xml Engrossed in Senate 2017-09-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s327es/xml/BILLS-115s327es.xml Reported to Senate 2017-03-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s327rs/xml/BILLS-115s327rs.xml Introduced in Senate 2017-02-07T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s327is/xml/BILLS-115s327is.xml 2017-10-07T03:59:59Z https://www.govinfo.gov/content/pkg/PLAW-115publ66/uslm/PLAW-115publ66.xml Public Law 2017-10-06 Signed by President. 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.