<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="115" measure-type="hr" measure-number="6321" measure-id="id115hr6321" originChamber="HOUSE" orig-publish-date="2018-07-10" update-date="2018-08-20">
<title>Investment Adviser Regulatory Flexibility Improvement Act</title>
<summary summary-id="id115hr6321v79" currentChamber="HOUSE" update-date="2018-08-20">
<action-date>2018-08-03</action-date>
<action-desc>Reported to House without amendment</action-desc>
<summary-text><![CDATA[<p><b>Investment Adviser Regulatory Flexibility Improvement Act </b></p> <p>This bill directs the Securities and Exchange Commission (SEC) to revise the definitions of "small business" and "small organization" for the purpose of analyzing the impact of regulations promulgated under the Investment Advisers Act of 1940. Specifically, the SEC must provide alternative methods through which a business or organization may qualify under such definitions. </p>]]></summary-text>
</summary>
<summary summary-id="id115hr6321v00" currentChamber="HOUSE" update-date="2018-07-19">
<action-date>2018-07-10</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p><b>Investment Adviser Regulatory Flexibility Improvement Act </b></p> <p>This bill directs the Securities and Exchange Commission (SEC) to revise the definitions of "small business" and "small organization" for the purpose of analyzing the impact of regulations promulgated under the Investment Advisers Act of 1940. Specifically, the SEC must provide alternative methods through which a business or organization may qualify under such definitions. </p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries 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.</dc:description>
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</BillSummaries>
