114TH CONGRESS
I 114TH CONGRESS 1ST SESSION H. R. 3610 To amend the Investment Company Act of 1940 to terminate the exemption of companies located in Puerto Rico, the Virgin Islands, and any other possession of the United States. IN THE HOUSE OF REPRESENTATIVES SEPTEMBER 25, 2015 Ms. VELA´ZQUEZ (for herself, Ms. MAXINE WATERS of California, and Mr. SERRANO) introduced the following bill; which was referred to the Com- mittee on Financial Services A BILL To amend the Investment Company Act of 1940 to terminate the exemption of companies located in Puerto Rico, the Virgin Islands, and any other possession of the United States. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Puerto Rico Investor 4 Protection Act of 2015’’. 5 VerDate Sep 11 2014 00:05 Sep 29, 2015 Jkt 049200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3610.IH H3610 emcdonald on DSK67QTVN1PROD with BILLS 2 •HR 3610 IH SEC. 2. TERMINATION OF EXEMPTION. …
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I 114TH CONGRESS 1ST SESSION H. R. 3610 To amend the Investment Company Act of 1940 to terminate the exemption of companies located in Puerto Rico, the Virgin Islands, and any other possession of the United States. IN THE HOUSE OF REPRESENTATIVES SEPTEMBER 25, 2015 Ms. VELA´ZQUEZ (for herself, Ms. MAXINE WATERS of California, and Mr. SERRANO) introduced the following bill; which was referred to the Com- mittee on Financial Services A BILL To amend the Investment Company Act of 1940 to terminate the exemption of companies located in Puerto Rico, the Virgin Islands, and any other possession of the United States. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Puerto Rico Investor 4 Protection Act of 2015’’. 5 VerDate Sep 11 2014 00:05 Sep 29, 2015 Jkt 049200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3610.IH H3610 emcdonald on DSK67QTVN1PROD with BILLS 2 •HR 3610 IH SEC. 2. TERMINATION OF EXEMPTION. 1 Section 6(a) of the Investment Company Act of 1940 2 (15 U.S.C. 80a–6(a)) is amended by striking paragraph 3 (1). 4 Æ VerDate Sep 11 2014 00:05 Sep 29, 2015 Jkt 049200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H3610.IH H3610 emcdonald on DSK67QTVN1PROD with BILLS