3.0.0 2622 2025-05-27T14:15:40Z 2025-05-27T14:15:40Z House H HR 2023-04-13 118 <pre>[Congressional Record Volume 169, Number 62 (Thursday, April 13, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. SESSIONS:H.R. 2622.Congress has the power to enact this legislation pursuantto the following:clause 3 of section 8 of article I of the ConstitutionThe single subject of this legislation is:The bill codifies an SEC no action letter that allowsbrokers-dealers to continue accepting cash or hard dollarpayments for research reports, in order to comply with an EUdirective (MiFID II).[Page H1728]</pre> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2023-07-12T17:40:19Z hsba00 Financial Services Committee House Standing Reported By 2023-07-11T16:44:25Z Markup By 2023-05-24T18:03:26Z Referred To 2023-04-13T15:04:10Z H. Rept. 118-134 2023-07-12 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 2023-07-11 17:11:35 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2023-07-11 17:11:32 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3184) Floor H37300 2 House floor actions 2023-07-11 17:11:32 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3184) Floor 8000 9 Library of Congress 2023-07-11 17:01:15 DEBATE - The House proceeded with forty minutes of debate on H.R. 2622. Floor H8D000 2 House floor actions 2023-07-11 17:01:05 Considered under suspension of the rules. (consideration: CR H3184-3185) Floor H30000 2 House floor actions 2023-07-11 17:00:46 Mrs. Wagner moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2023-07-11 Placed on the Union Calendar, Calendar No. 105. Calendars H12410 2 House floor actions U00105 2023-07-11 Reported (Amended) by the Committee on Financial Services. H. Rept. 118-134. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2023-07-11 Reported (Amended) by the Committee on Financial Services. H. Rept. 118-134. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2023-05-24 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 45 - 2. Committee 2023-05-24 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2023-04-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2023-04-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-04-13 Introduced in House IntroReferral 1000 9 Library of Congress S000250 Rep. Sessions, Pete [R-TX-17] PETE SESSIONS R TX 17 N W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2023-04-13 True Finance and Financial Sector Financial services and investments 2023-07-24T13:45:19Z Licensing and registrations 2023-07-24T13:45:19Z User charges and fees 2023-07-24T13:45:19Z Finance and Financial Sector 2023-04-19T19:00:21Z

00 2023-04-13 Introduced in House 2023-07-10T21:16:42Z <p>This bill provides statutory authority for specified Securities and Exchange Commission (SEC) guidance allowing broker-dealers to receive payments for research services provided to investment managers. Under current law, broker-dealers that receive payments for performing this service must register as investment advisors. However, the SEC currently waives enforcement against these broker-dealers.</p>

53 2023-07-11 Passed House 2023-10-30T12:53:29Z <p>This bill extends for six months Securities and Exchange Commission (SEC) guidance allowing broker-dealers to receive payments for research services provided to investment managers. Under current law, broker-dealers that receive payments for performing this service must register as investment advisors. However, the SEC through guidance currently waives enforcement against these broker-dealers. This waiver is set to expire on July 3, 2023.</p> <p>The SEC must report on the impact of continuation or expiration of this guidance.</p>

Display Title 45 2024-07-24T15:21:35Z Official Title as Introduced 6 2024-03-18T21:07:26Z Introduced in House IH Referred in Senate 2023-07-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr2622rfs/xml/BILLS-118hr2622rfs.xml Reported in House 2023-07-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr2622rh/xml/BILLS-118hr2622rh.xml Engrossed in House 2023-07-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr2622eh/xml/BILLS-118hr2622eh.xml Introduced in House 2023-04-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr2622ih/xml/BILLS-118hr2622ih.xml 2023-07-12 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.