SBIC Advisers Relief Act of 2014
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 31, 2014)
SBIC Advisers Relief Act of 2014 - 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.
What just happenedJul 31, 2014
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateJul 31, 2014
- Jul 31, 2014IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jul 31, 2014IntroReferral10000
Introduced in Senate