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- S.1964
S.1964: Mutual Fund Transparency Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced Oct. 28, 2009
- Latest Major Action Oct. 28, 2009
Bill Sponsor
Bill Summary
Mutual Fund Transparency Act of 2009 - Amends the Securities Exchange Act of 1934 and the Investment Company Act of 1940 to require brokers and dealers of mutual funds to disclose in writing the related commissions they receive to purchasers of shares of any registered open-end or closed-end company or any interest in a registered unit investment trust or municipal securities used for education savings plans. Amends the Investment Company Act...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| Oct. 28, 2009 |
Introduced in the Senate by Daniel K. Akaka (D-Hawaii) |