A bill to extend the effective date of the Investment Advisers Supervision Coodination Act.
Latest Action
Became Public Law No: 105-8.
Official Summary
Official summary has not been imported yet.
GovScope Watchdog™
AI Government Intelligence™This bill, Senate Bill 410 from the 105th Congress, extends the effective date of the Investment Advisers Supervision Coordination Act. The bill was introduced in the Senate and subsequently became Public Law No: 105-8 on March 31, 1997. The legislation pertains to the finance and financial sector, specifically addressing the regulatory framework governing investment advisers. The extension of the effective date allows for continued coordination and supervision under the existing provisions of the Act.
Senate Bill 410 extends the effective date of an existing law regulating investment advisers, ensuring ongoing supervision and coordination within the financial sector.
- The bill extends the effective date of the Investment Advisers Supervision Coordination Act.
- It was introduced in the Senate during the 105th Congress and signed into law on March 31, 1997.
- The legislation falls under the policy area of finance and financial sector regulation.
['Investment advisers subject to the Act', 'Regulatory agencies overseeing investment advisers', 'Financial sector entities relying on consistent regulatory frameworks']
['The full text of the bill is not available, limiting detailed analysis of specific provisions.', 'Extension of effective dates may delay the introduction of updated regulatory measures.', 'Potential administrative or compliance costs associated with maintaining the existing regulatory framework.']
The bill was enacted during the 105th Congress and reflects legislative efforts to maintain regulatory oversight of investment advisers. It was signed into law, indicating bipartisan agreement or sufficient legislative support at the time. The bill's focus is on extending an existing law rather than introducing new regulatory changes.
Hidden impact flags detected: 1
GovScope reviewed 1 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
['Maintaining the existing regulatory framework may provide stability for investment advisers and financial markets.', 'Delaying updates to the Act could postpone potential reforms or improvements in supervision practices.']
Transparency is limited by the absence of the full bill text, which constrains detailed oversight and public understanding. The bill's passage as law indicates formal approval, but without the full text, assessing the scope and impact of the extension is challenging.
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