Data from Congress.gov, YouTube, and other public sources.

Search Privacy Terms Contact

H.R. 7732 — Strengthening the Office of the Investor Advocate Act | PoliFocus

H.R. 7732117th Congress

Strengthening the Office of the Investor Advocate Act

To amend the Securities Exchange Act of 1934 with respect to the Office of the Investor Advocate, and for other purposes.

Sponsors

Rep. Lynch, Stephen F. [D-MA-8]

Subjects

Finance and Financial Sector

Summary

Strengthening the Office of the Investor Advocate Act

This bill revises provisions governing the Office of the Investor Advocate at the Securities and Exchange Commission (SEC). Specifically, the bill

expands who may serve as the Investor Advocate,
provides that the Investor Advocate may only be removed by the chair of the SEC and may not be removed for advocating policies contrary to the chair or any commissioner,
allows the office to publish the results of investor research and testing without review from the SEC, and
establishes a budget request process for the office separate from the SEC.

Full Text

Legislative Actions

2022-05-12
Introduced in House
2022-05-12
Introduced in House
2022-05-12
Referred to the House Committee on Financial Services.
2022-05-17
Committee Consideration and Mark-up Session Held.
2022-05-17
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 25 - 22.

Ask about this bill

checking server…

Ask anything about this bill. The AI reads the full text to answer.

Enter to send · Shift+Enter for new line