Mutual Fund Litigation Reform Act
This bill amends the Investment Company Act of 1940 to specify burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary reported to house without amendment, part i (May 7, 2018)
Mutual Fund Litigation Reform Act
This bill amends the Investment Company Act of 1940 to specify burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty.
What just happenedMay 7, 2018
Placed on the Union Calendar, Calendar No. 509.
Who’s behind it
Placed on the Union Calendar, Calendar No. 509.
Committee on the Judiciary discharged.
Committee on the Judiciary discharged.
Reported by the Committee on Financial Services. H. Rept. 115-662, Part I.
Reported by the Committee on Financial Services. H. Rept. 115-662, Part I.
Ordered to be Reported by the Yeas and Nays: 31 - 25.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Referred to the Subcommittee on the Constitution and Civil Justice.
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
Mutual Fund Litigation Reform Act
This bill amends the Investment Company Act of 1940 to specify burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty.
Mutual Fund Litigation Reform Act
This bill amends the Investment Company Act of 1940 to specify burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty.