HR 6155 · 115th Congress · Finance and Financial Sector
9-1-1 Emergency Service Protection Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2018-06-19)
Plain Language Summary
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9-1-1 Emergency Service Protection Act This bill amends the Investment Advisers Act of 1940 to require a registered investment adviser who advises a private fund that owns a controlling interest in an emergency services company to disclose to the Securities and Exchange Commission, at least annually: the change in the average response time of emergency vehicles since the private fund acquired a controlling interest in the company, the percentage of response times that failed to meet a response time required by contract or local ordinance, and a description of the impact of any such failure on the value of the company to the private fund.…
Summarized by Claude AI · Non-partisan · For informational purposes only