S. 3948IntroducedFINANCE AND FINANCIAL SECTOR
Increasing Investor Opportunities Act
Banking and financial institutions regulation · Financial services and investments · Securities
Key facts
Introduced: Mar 29, 2022
Chamber: Senate
Cosponsors: 0
Congress: 117th
Latest action · Apr 5, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.
Summary
Increasing Investor Opportunities Act
This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase their investments in private investment funds.
Summary by Congressional Research Service.
Timeline
- Apr 5, 2022Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.
- Mar 29, 2022Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Mar 29, 2022Introduced in Senate
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