H. R. 3610
IN THE HOUSE OF REPRESENTATIVES
September 25, 2015
Ms. Velázquez (for herself, Ms. Maxine Waters of California, and Mr. Serrano) introduced the following bill; which was referred to the Committee on Financial Services
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.
This Act may be cited as the
Puerto Rico Investor Protection Act of 2015.
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).