To require the Securities and Exchange Commission to revise the definitions of a "small business" and "small organization" for purposes of assessing the impact of the Commission's rulemakings under the Investment Advisers Act of 1940.
Investment Adviser Regulatory Flexibility Improvement Act
This bill directs the Securities and Exchange Commission (SEC) to revise the definitions of "small business" and "small organization" for the purpose of analyzing the impact of certain regulations. Specifically, the SEC must provide alternative methods through which a business or organization may qualify under such definitions.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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