Amends the Securities Exchange Act of 1934 to permit the Securities and Exchange Commission to accept reimbursement for travel, subsistence, and other necessary expenses incurred by Commission members and employees in attending meetings and conferences.
Permits participants in the professional fellows programs of the Securities and Exchange Commission to accept the payment of relocation expenses from former private employers.
Requires any registered broker or dealer in securities (other than exempted securities or commercial paper, bankers' acceptances or commercial bills) to join a registered securities association, unless such broker or dealer effects securities transactions solely on a national securities exchange of which it is a member.
Permits the Commission to exempt any broker or dealer or class of brokers or dealers from such requirement.
Introduced in Senate
Read twice and referred to the Committee on Banking.
Committee on Banking requested executive comment from Securities and Exchange Commission.
Committee on Banking received executive comment from Securities and Exchange Commission.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line