[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3610 Introduced in House (IH)]

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114th CONGRESS
  1st Session
                                H. R. 3610

To amend the Investment Company Act of 1940 to terminate the exemption 
of companies located in Puerto Rico, the Virgin Islands, and any other 
                    possession of the United States.


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                    IN THE HOUSE OF REPRESENTATIVES

                           September 25, 2015

 Ms. Velazquez (for herself, Ms. Maxine Waters of California, and Mr. 
   Serrano) introduced the following bill; which was referred to the 
                    Committee on Financial Services

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                                 A BILL


 
To amend the Investment Company Act of 1940 to terminate the exemption 
of companies located in Puerto Rico, the Virgin Islands, and any other 
                    possession of the United States.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Puerto Rico Investor Protection Act 
of 2015''.

SEC. 2. TERMINATION OF EXEMPTION.

    Section 6(a) of the Investment Company Act of 1940 (15 U.S.C. 80a-
6(a)) is amended by striking paragraph (1).
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