H.R.1495: Investment Company Act Amendments of 1995

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about law
  • Introduced April 7, 1995
  • Latest Major Action Oct. 31, 1995

Bill Summary

Investment Company Act Amendments of 1995 - Amends the Investment Company Act of 1940 with respect to corporate governance to change from 60 percent to at least a majority the required portion of the board of directors of a registered investment company which are not interested persons of the company. Modifies the guidelines for: (1) investment advisory and underwriting contracts; (2) selection of accountants and auditors; (3) changes in...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Commerce.
Referred to the Subcommittee on Telecommunications and Finance.
Subcommittee Hearings Held.
April 7, 1995

Introduced in the House by Jack Milton Fields (R-Texas)

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