3.0.0 4600 2025-05-27T14:15:09Z 2025-05-27T14:15:09Z House H HR 2023-07-13 118 <pre>[Congressional Record Volume 169, Number 120 (Thursday, July 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. BARR:H.R. 4600.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States Constitution.The single subject of this legislation is:To amend the Investment Advisers Act of 1940 to specifyrequirements concerning the consideration of pecuniary andnon-pecuniary factors, to require the Securities and ExchangeCommission to conduct a study on climate change and otherenvironmental disclosures in the municipal bond market, andto require the Securities and Exchange Commission to conducta study on the solicitation of municipal securities business.[Page H3575]</pre> hsba00 Financial Services Committee House Standing Referred To 2023-07-13T14:00:50Z 118 4767 HR 2023-12-19 Placed on the Union Calendar, Calendar No. 263. Related bill CRS 118 4790 HR 2024-09-23 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2023-07-13 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2023-07-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-07-13 Introduced in House IntroReferral 1000 9 Library of Congress B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 N Finance and Financial Sector Finance and Financial Sector 2023-08-21T16:00:31Z

00 2023-07-13 Introduced in House 2024-05-03T19:23:02Z <html><body bgcolor="#FFFFFF"><p><b>Protecting Retail Investors' Savings Act </b></p> <p>This bill further defines the best interest of a customer for purposes of the standard of conduct for all brokers, dealers, and investment advisers. Currently, these professionals must act in the best interest of the customer without regard to the financial or other interests of the professional providing the advice. The bill adds that the best interest standard must be based on pecuniary factors (i.e., a factor that a fiduciary determines will have a material effect on an investment's performance) unless the customer otherwise directs. </p> <p>In addition, the Securities and Exchange Commission must report on (1) municipal bond disclosures regarding climate change and environmental matters, and (2) the effectiveness of specified rules in preventing the payment of government officials or candidates in exchange for government business in connection with the sale or offer of municipal securities. </p></body></html>

Display Title 45 2024-07-24T15:21:02Z Short Title(s) as Introduced 101 2024-05-24T13:37:47Z Introduced in House IH Official Title as Introduced 6 2024-03-18T21:09:33Z Introduced in House IH Introduced in House 2023-07-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr4600ih/xml/BILLS-118hr4600ih.xml 2023-07-13 Referred to the House Committee on Financial Services. 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.