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H.R. 3610 (114th): Puerto Rico Investor Protection Act of 2015

The text of the bill below is as of Sep 25, 2015 (Introduced).


I

114th CONGRESS

1st Session

H. R. 3610

IN THE HOUSE OF REPRESENTATIVES

September 25, 2015

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

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.

1.

Short title

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

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).