HR 2572 · 116th 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 2019-05-08· Sponsored by Rep. Foster, Bill [D-IL-11]· 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.(2019-05-08)

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 Republican
Rep. Stivers, Steve [R-OH-15]OH