S 1895 · 107th Congress · Finance and Financial Sector

Independent Investment Advisers Act of 2002

Introduced 2002-01-24· Sponsored by Sen. Fitzgerald, Peter [R-IL]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S101)(2002-01-24)

Plain Language Summary

[AI summary unavailable — showing source text] Independent Investment Advisers Act of 2002 - Amends the Investment Advisers Act of 1940 to mandate that investment advisers who publish any analysis or report regarding a company or its securities, make public disclosure regarding their ties to issuers of securities, including any: (1) compensation; (2) mergers or acquisition transactions handled during the past five years involving any debt or equity of such company; and (3) personal debt or equity holdings in such securities company of the adviser or an associated person.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Sen. Levin, Carl [D-MI]MI