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HR 4624 112th Congress House

Investment Adviser Oversight Act of 2012

Official title: To amend the Investment Advisers Act of 1940 to provide for the registration and oversight of national investment adviser associations.

Introduced: April 27, 2012 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresAdministrative remediesBanking and financial institutions regulationBusiness ethics
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Business recordsComputer security and identity theftFinancial services and investmentsLicensing and registrationsSecurities and Exchange Commission (SEC)
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 6, 2012
Committee Hearings Held.
Apr 25, 2012
Referred to the House Committee on Financial Services.
Apr 25, 2012
Introduced in House
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 Latest action June 6, 2012

Committee Hearings Held.

 Plain-English summary Congressional Research Service

Investment Adviser Oversight Act of 2012 - Amends the Investment Advisers Act of 1940 to require investment advisers to register with a registered national investment adviser association, unless exempted according to specified criteria.

Prescribes registration requirements and procedures.

Requires each national investment adviser association to conduct an annual conference to which representatives from the state securities administrators association and the Securities and Exchange Commission (SEC) shall be invited to participate in order to foster cooperation between such entities.

Sets forth procedures for: (1) approval of registration; and (2) discipline of members by a national investment adviser association, including membership denial and summary suspension.

Grants the SEC enforcement authority including suspension and expulsion of members and removal or censure of officers and directors.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Schweikert, David
Arizona · Apr 27, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4624: Investment Adviser Oversight Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-HR-4624/
MLA
"H.R. 4624: Investment Adviser Oversight Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-4624/.
Bluebook (legal)
H.R. 4624, 112th Cong. (2026), https://openamerica.io/bill/112-HR-4624/.
Markdown link
[H.R. 4624: Investment Adviser Oversight Act of 2012](https://openamerica.io/bill/112-HR-4624/)
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