H.R. 5424: Investment Advisers Modernization Act of 2016

To amend the Investment Advisers Act of 1940 and to direct the Securities and Exchange Commission to amend its rules to modernize certain requirements relating to investment advisers, and for other purposes.

The bill’s titles are written by its sponsor.

What you can do



Jun 9, 2016


Passed House on Sep 9, 2016

This bill passed in the House on September 9, 2016 and goes to the Senate next for consideration.


Robert Hurt

Representative for Virginia's 5th congressional district



Read Text »
Last Updated: Sep 12, 2016
Length: 8 pages


5% chance of being enacted according to PredictGov (details)


Jun 9, 2016

This is the first step in the legislative process.

Jun 16, 2016
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Sep 9, 2016
Passed House

The bill was passed in a vote in the House. It goes to the Senate next.

Passed Senate

Signed by the President

H.R. 5424 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 5424 — 114th Congress: Investment Advisers Modernization Act of 2016.” www.GovTrack.us. 2016. October 27, 2016 <https://www.govtrack.us/congress/bills/114/hr5424>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.