INVESTMENT ADVISERS ACT

Bills and resolutions

SEC: clarify definition and regulation of digital tokens and tax treatment of virtual currency (see H.R. 7356), H10509 [20DE]

——— exempt investment advisers who solely advise certain rural business investment companies from certain regulations (see S. 2765), S2484 [26AP]

——— require investment advisers who advise a private fund that owns an emergency services company to disclose average response times of emergency vehicles deployed by such company in response to 9-1-1 calls (see H.R. 6155), H5285 [19JN]

——— require proxy advisory firms registration as investment advisers (see S. 3614), S6924 [13NO]

——— revise definitions of a qualifying portfolio company and a qualifying investment to include emerging growth companies and their equity securities to exempt venture capital fund advisers from registration (see S. 3576), S6815 [11OC] (see H.R. 6177), H5505 [21JN]

——— revise definitions of a ‘‘small business’’ and ‘‘small organization’’ to assess impact of the Commission’s rulemakings under the Investment Advisers Act (see H.R. 6321), H6040 [10JY]

——— revise definitions of ‘‘small business’’ and ‘‘small organization’’ to assess impact of rulemakings under the Investment Advisers Act (see S. 3579), S6815 [11OC]

Remarks in House

SEC: exempt investment advisers who solely advise certain rural business investment companies from certain regulations (S. 2765), H10416 [20DE]

Remarks in Senate

SEC: exempt investment advisers who solely advise certain rural business investment companies from certain regulations (S. 2765), S6881, S6882 [11OC]

——— require proxy advisory firms registration as investment advisers (S. 3614), S6927 [13NO]

Reports filed

Developing and Empowering Our Aspiring Leaders Act: Committee on Financial Services (House) (H.R. 6177) (H. Rept. 115–889), H7742 [3AU]

Investment Adviser Regulatory Flexibility Improvement Act: Committee on Financial Services (House) (H.R. 6321) (H. Rept. 115–884), H7742 [3AU]

Texts of

S. 2765, RBIC Advisers Relief Act, S6882 [11OC], H10416 [20DE]