S.2813: Investors Rights and Corporate Accountability Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Nov. 20, 2009
  • Latest Major Action Nov. 20, 2009

Bill Summary

Investors Rights and Corporate Accountability Act of 2009 - Amends the Securities Exchange Act of 1934 (SEA) to direct the Securities and Exchange Commission (SEC) to apply to all brokers and dealers who provide investment advice to retail clients the fiduciary duty established under the Investment Advisers Act of 1940, including the duty to act solely in the best interest of the customer or client, without regard to the financial or other...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov. 20, 2009

Introduced in the Senate by Robert Menendez (D-N.J.)

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