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- H.R.2827
H.R.2827: To amend the Securities Exchange Act of 1934 to clarify provisions relating to the regulation of municipal advisors, and for other purposes.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced Aug. 26, 2011
- Latest Major Action Sept. 20, 2012
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
39 (9 Democrats, 30 Republicans)
Bill Summary
(Sec. 1) Amends the Securities Exchange Act of 1934 to permit a non-registered municipal securities advisor, on behalf of a municipal entity or an obligated person, to: (1) provide advice regarding either municipal financial products or the issuance of such products, and (2) undertake the solicitation of a municipal entity. (Sec. 2) Prohibits the rules of the Municipal Securities Rulemaking Board (MSRB) from regulating as municipal advisors...
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
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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 (Amended) by the Yeas and Nays: 21 - 10 .
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
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Mr. Dold moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 2827.
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DEBATE - The House resumed debate on H.R. 2827.
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On motion to suspend the rules and pass the bill, as amended 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 and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| Aug. 26, 2011 |
Introduced in the House by Robert Dold (R-Ill.) |