HR 10198 · 118th Congress · Finance and Financial Sector

Promoting Diverse Investment Advisers Act

Introduced 2024-11-21· Sponsored by Rep. Beatty, Joyce [D-OH-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2024-11-21)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10198 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10198 To amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to establish goals for the use of diverse investment advisers, brokers, and dealers in investment management agreements related to the Board of Governors unusual and exigent circumstances authority, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 21, 2024 Mrs. Beatty introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to establish goals for the use of diverse investment advisers, brokers, and dealers in investment management agreements related to the Board of Governors unusual and exigent circumstances authority, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America…

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