Tailoring for Main Street’s Investors Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9148 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9148 To amend the Investment Advisers Act of 1940 to provide an exemption from the registration requirements under that Act to certain advisers of private funds, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 25, 2024 Mr. Garbarino introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Investment Advisers Act of 1940 to provide an exemption from the registration requirements under that Act to certain advisers of private funds, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Tailoring for Main Street's Investors Act''. SEC. 2. EXEMPTION. Section 203 of the Investment Advisers Act of 1940 (15 U.S.C. 80b- 3) is amended by adding at the end the following: ``(o) Exemption From R…