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- S.2497
S.2497: Retail Investor Protection Act of 2016
About This Bill
- Introduced Feb. 4, 2016
- Latest Major Action Feb. 4, 2016
Bill Sponsor
Bill Cosponsors
9 (All Republicans)
Bill Summary
Retail Investor Protection Act This bill prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual shall be considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. The Securities Exchange Act...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 4, 2016 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Feb. 4, 2016 |
Introduced in the Senate by Roy Blunt (R-Mo.) |