HR 3070 · 115th Congress · Finance and Financial Sector

To amend the Federal Deposit Insurance Act to clarify the definition of a deposit broker, and for other purposes.

Introduced 2017-06-27· Sponsored by Rep. McHenry, Patrick T. [R-NC-10]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2017-06-27)

Plain Language Summary

[AI summary unavailable — showing source text] This bill excludes certain affiliated broker-dealers that service retirement accounts and other similar plans from requirements applicable to brokered deposits.…

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

Cosponsors (1)

1 Democrat
Rep. Foster, Bill [D-IL-11]IL