S.1958: Mutual Fund Investor Protection Act of 2003

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about congress
  • Introduced Nov. 25, 2003
  • Latest Major Action Dec. 9, 2003

Bill Sponsor

Bill Summary

Mutual Fund Investor Protection Act of 2003 - Amends the Investment Company Act of 1940 to require that mutual fund securities purchase orders be placed before the registered open-end company (mutual fund) sets the price for that day. Amends the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Company Act of 1940 to set forth civil and criminal penalties for willful violation of the rules governing the purchase,...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Star Print ordered on the bill.
Nov. 25, 2003

Introduced in the Senate by John Kerry (D-Mass.)

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