S.3948: Increasing Investor Opportunities Act

About This Bill

  • Introduced March 29, 2022
  • Latest Major Action April 5, 2022

Bill Version

Bill Summary

Increasing Investor Opportunities Act This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase their investments in private investment funds.

(Source: Library of Congress)

Bill Actions

Date Description
April 5, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held.
March 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 29, 2022

Introduced in the Senate by Steve Daines (R-Mont.)

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