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Searching...- Bills
- H.R.616
H.R.616: To amend the Securities Exchange Act of 1934 to permit members of national securities exchanges to effect certain transactions with respect to accounts for which such members exercise investment discretion.
About This Bill
- Introduced Jan. 26, 1993
- Latest Major Action Aug. 11, 1993
Bill Sponsor
Bill Summary
Amends the Securities Exchange Act of 1934 to cite conditions under which it shall not be unlawful for members of exchanges and associated persons to effect a transaction for an account with respect to which they exercise investment discretion. Permits transactions for such a managed account (without the involvement of an independent floor broker) if the member or associated person: (1) has obtained express authorization from the person or...
(Source: Library of Congress)
Bill Actions
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Energy and Commerce.
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Referred to the Subcommittee on Telecommunications and Finance.
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Subcommittee Hearings Held.
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Subcommittee Consideration and Mark-up Session Held.
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Forwarded by Subcommittee to Full Committee by Voice Vote.
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported by Voice Vote.
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Reported by the Committee on Energy and Commerce. H. Rept. 103-76.
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Placed on the Union Calendar, Calendar No. 34.
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Mr. Markey moved to suspend the rules and pass the bill.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate.
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On motion to suspend the rules and pass the bill Agreed to by voice vote.
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate.
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Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 63.
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Passed Senate without amendment by Voice Vote.
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Cleared for White House.
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Message on Senate action sent to the House.
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Presented to President.
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Signed by President.
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Became Public Law No: 103-68.
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| Jan. 26, 1993 |
Introduced in the House by Edward J. Markey (D-Mass.) |