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HR 1627 113th Congress House Finance and Financial Sector Accounting and auditing Banking and financial institutions regulation Congressional oversight Financial services and investments Government information and archives User charges and fees

Investment Adviser Examination Improvement Act of 2013

Introduced: July 11, 2014 Introduced by: Waters, Maxine Democratic · California See on congress.gov
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 18, 2013
Referred to the House Committee on Financial Services.
Apr 18, 2013
Introduced in House
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 Plain-English summary Congressional Research Service

Investment Adviser Examination Improvement Act of 2013 - Declares the sense of Congress that the Securities and Exchange Commission (SEC) should increase the number and frequency of examinations of investment advisers.

Amends the Investment Advisers Act of 1940 to direct the SEC to collect an annual fee from investment advisers subject to SEC inspection or examination to defray the cost of such inspections and examinations. Exempts certain state-regulated investment advisers from the requirement to pay an annual fee.

Prescribes a fee calculation formula. Requires the SEC to make the formula publicly available on its website along with the factors used to reach the fee determination.

Requires the Comptroller General to audit biennially the use of such fees, SEC reviews of the fee formula, and any adjustments to it.

Makes such fees available to the SEC, without further appropriation or fiscal year limitation, to pay costs associated with inspecting and examining investment advisers.

What's happening now April 18, 2013

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 21
All 21 Democratic 13
D
Clark, Katherine M.
Massachusetts · Sep 15, 2014
 D
Schneider, Bradley Scott
Illinois · Jul 31, 2014
Tsongas, Niki
· Jul 31, 2014
BACHUS, SPENCER
· Jul 17, 2014
 D
Horsford, Steven
Nevada · Jul 17, 2014
 D
Beatty, Joyce
Ohio · Jul 11, 2014
CLAY, WM.
· Jul 11, 2014
 D
Cleaver, Emanuel
Missouri · Jul 11, 2014
 D
Green, Al
Texas · Jul 11, 2014
Heck, Denny
· Jul 11, 2014
 D
Himes, James A.
Connecticut · Jul 11, 2014
HINOJOSA, RUBEN
· Jul 11, 2014
 D
Lynch, Stephen F.
Massachusetts · Jul 11, 2014
 D
Meeks, Gregory W.
New York · Jul 11, 2014
 D
Norton, Eleanor Holmes
District of Columbia · Feb 10, 2014
 D
Foster, Bill
Illinois · Sep 20, 2013
 D
Markey, Edward J.
Massachusetts · Jun 14, 2013
 D
Moore, Gwen
Wisconsin · Jun 14, 2013
CAPUANO, MICHAEL
· May 9, 2013
Ellison, Keith
· May 9, 2013
Delaney, John
· Apr 18, 2013
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1627: Investment Adviser Examination Improvement Act of 2013. 113th Congress. Open America. https://openamerica.io/bill/113-HR-1627/
MLA
"H.R. 1627: Investment Adviser Examination Improvement Act of 2013." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-1627/.
Bluebook (legal)
H.R. 1627, 113th Cong. (2026), https://openamerica.io/bill/113-HR-1627/.
Markdown link
[H.R. 1627: Investment Adviser Examination Improvement Act of 2013](https://openamerica.io/bill/113-HR-1627/)
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