HR-3093 : Still Just a Bill

Investor Clarity and Bank Parity Act

This bill amends the Bank Holding Company Act of 1956 to permit a hedge fund or private-equity fund to share the same name, or a variation of the same name, with a banking entity that is an investment adviser to the hedge fund or private-equity fund, if:

  • the investment adviser is not, and does not share the same name with, an insured depository institution, a company that controls an insured depository institution, or a company treated as a bank holding company for purposes of specified provisions of law relating to nonbanking activities of foreign banks; and
  • the name does not contain the word "bank."

Action Timeline

Action DateTypeTextSource
2017-12-12IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2017-12-11FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2017-12-11FloorOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H9773)House floor actions
2017-12-11FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 3093.House floor actions
2017-12-11FloorConsidered under suspension of the rules. (consideration: CR H9773)House floor actions
2017-12-11FloorMr. Luetkemeyer moved to suspend the rules and pass the bill.House floor actions
2017-11-28CalendarsPlaced on the Union Calendar, Calendar No. 316.House floor actions
2017-11-28CommitteeReported by the Committee on Financial Services. H. Rept. 115-426.House floor actions
2017-11-14CommitteeOrdered to be Reported by Voice Vote.House committee actions
2017-11-14CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2017-06-28IntroReferralReferred to the House Committee on Financial Services.House floor actions
2017-06-28IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Banking and financial institutions regulation
  • Financial services and investments
  • Securities

Related Bills

See Related Bills