SBIC Advisers Relief Act of 2015
Amends the Investment Advisers Act of 1940 to exempt specified advisers of small business investment companies (SBICs) from certain: (1) Securities and Exchange Commission (SEC) registration requirements with respect to the provision of investment advice relating to venture capital funds, and (2) SEC registration and reporting requirements with respect to assets under management of private funds.
Provides the same exemption with respect to any state or local law requiring the registration, licensing, or qualifications of investment advisers.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2015-07-15 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2015-07-14 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2015-07-14 | Floor | On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5140) | House floor actions |
| 2015-07-14 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 432. | House floor actions |
| 2015-07-14 | Floor | Considered under suspension of the rules. (consideration: CR H5140-5142) | House floor actions |
| 2015-07-14 | Floor | Mr. Luetkemeyer moved to suspend the rules and pass the bill. | House floor actions |
| 2015-07-14 | Committee | Reported by the Committee on Financial Services. H. Rept. 114-199. | House floor actions |
| 2015-07-14 | Calendars | Placed on the Union Calendar, Calendar No. 148. | House floor actions |
| 2015-05-20 | Committee | Ordered to be Reported by the Yeas and Nays: 53 - 0. | House committee actions |
| 2015-05-20 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2015-04-29 | Committee | Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral. | House committee actions |
| 2015-01-21 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2015-01-21 | IntroReferral | Introduced in House | Library of Congress |