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.
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.
Representative for Virginia's 5th congressional district
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Last Updated: Sep 12, 2016
Length: 8 pages
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.
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Civic Impulse. (2016). H.R. 5424 — 114th Congress: Investment Advisers Modernization Act of 2016. Retrieved from https://www.govtrack.us/congress/bills/114/hr5424
“H.R. 5424 — 114th Congress: Investment Advisers Modernization Act of 2016.” www.GovTrack.us. 2016. December 2, 2016 <https://www.govtrack.us/congress/bills/114/hr5424>
|title=H.R. 5424 (114th)
|accessdate=December 2, 2016
|author=114th Congress (2016)
|date=June 9, 2016
|quote=Investment Advisers Modernization Act of 2016
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