Bill115th CongressFiled Mar 6, 2018Finance and Financial Sector
S. 2499
A bill to require the Financial Industry Regulatory Authority to establish a relief fund to provide investors with the full value of unpaid arbitration awards issued against brokerage firms or brokers regulated by the Authority.
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What it doesSummary introduced in senate (Mar 6, 2018)
This bill directs the Financial Industry Regulatory Authority (FINRA) to compensate investors for the full value of unpaid arbitration awards. To qualify, an award must be the result of a final order issued in favor of an investor against a brokerage firm or broker regulated by FINRA.
What just happenedJun 28, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.
Who’s behind it
Sen. Warren, Elizabeth [D-MA](D-MA)Sponsor
2 cosponsors1 D1 R
2cosponsors1committees3actions
- Introduced in SenateMar 6, 2018
- Jun 28, 2018Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.
Banking, Housing, and Urban Affairs Committee - Mar 6, 2018IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Mar 6, 2018IntroReferral10000
Introduced in Senate