HR 2412 · 102th Congress · Finance and Financial Sector
Investment Advisors Disclosure and Enforcement Act of 1991
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: For Further Action See H.R.5726.(1992-09-22)
Plain Language Summary
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Investment Advisors Disclosure and Enforcement Act of 1991 - Amends the Investment Advisers Act of 1940 to subject registered investment advisers (and persons controlling such advisers) to liability to persons injured by such advisers' violations of such Act. Sets forth: (1) prohibited practices regarding securities recommendations; and (2) disclosure requirements regarding conflicts of interests for investment advisers. Expands the definition of investment planners and related businesses.…
Summarized by Claude AI · Non-partisan · For informational purposes only