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H.R. 910: Fair Access to Investment Research Act of 2017

About the bill

Source: Republican Policy Committee

H.R. 910 establishes a safe harbor that would allow broker-dealers to issue research reports that cover Exchange Traded Funds (ETFs), so that these reports are not considered “offers” under the securities law. The research reports would need to meet certain requirements to be eligible for this safe harbor. Under current law, such reports would be considered an offering for sale and the broker or dealer would be required to file a registration statement with the SEC for that offering.

An Exchange Traded Fund (ETF) is a marketable security that ...

Sponsor and status

French Hill

Sponsor. Representative for Arkansas's 2nd congressional district. Republican.

Read Text »
Last Updated: May 2, 2017
Length: 10 pages
Introduced:

Feb 7, 2017

Status:

Enacted Via Other Measures

Provisions of this bill were incorporated into other bills which were enacted, so there will not likely be further activity on this bill.

This bill was incorporated into:

S. 327: Fair Access to Investment Research Act of 2017
Enacted — Signed by the President on Oct 6, 2017. (compare text)
Prognosis:

1% chance of being enacted according to Skopos Labs (details)

History

Feb 7, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Mar 9, 2017
 
Ordered Reported

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

May 1, 2017
 
Passed House (Senate next)

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

May 1, 2017
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

H.R. 910 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. 910 — 115th Congress: Fair Access to Investment Research Act of 2017.” www.GovTrack.us. 2017. November 19, 2017 <https://www.govtrack.us/congress/bills/115/hr910>

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.