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H.R. 3093 115th Congress House

Investor Clarity and Bank Parity Act

Official title: To amend the Volcker Rule to permit certain investment advisers to share a similar name with a private equity fund, subject to certain restrictions, and for other purposes.

Introduced: June 28, 2017 See on congress.gov
Finance and Financial Sector Banking and financial institutions regulationFinancial services and investmentsSecurities
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 12, 2017
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 11, 2017
Motion to reconsider laid on the table Agreed to without objection.
Dec 11, 2017
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H9773)
Dec 11, 2017
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H9773)
Dec 11, 2017
DEBATE - The House proceeded with forty minutes of debate on H.R. 3093.
Dec 11, 2017
Considered under suspension of the rules. (consideration: CR H9773)
Dec 11, 2017
Mr. Luetkemeyer moved to suspend the rules and pass the bill.
Nov 28, 2017
Placed on the Union Calendar, Calendar No. 316.
Nov 28, 2017
Reported by the Committee on Financial Services. H. Rept. 115-426.
Nov 14, 2017
Ordered to be Reported by Voice Vote.
Nov 14, 2017
Committee Consideration and Mark-up Session Held.
Jun 28, 2017
Referred to the House Committee on Financial Services.
Jun 28, 2017
Introduced in House
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 Latest action December 12, 2017

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Investor Clarity and Bank Parity Act

(Sec. 2) This bill amends the Bank Holding Company Act of 1956 to permit a hedge fund or private-equity fund to share the same name, or a variation of the same name, with a banking entity that is an investment adviser to the hedge fund or private-equity fund, if:

  • the investment adviser is not, and does not share the same name with, an insured depository institution, a company that controls an insured depository institution, or a company treated as a bank holding company for purposes of specified provisions of law relating to nonbanking activities of foreign banks; and
  • the name does not contain the word "bank."
 Related & companion bills 1
  • S 2155 Economic Growth, Regulatory Relief, and Consumer Protection Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 3
Hultgren, Randy
· Aug 8, 2017
 D
Foster, Bill
Illinois · Jun 28, 2017
 D
Gonzalez, Vicente
Texas · Jun 28, 2017
 D
Meeks, Gregory W.
New York · Jun 28, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3093: Investor Clarity and Bank Parity Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3093/
MLA
"H.R. 3093: Investor Clarity and Bank Parity Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3093/.
Bluebook (legal)
H.R. 3093, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3093/.
Markdown link
[H.R. 3093: Investor Clarity and Bank Parity Act](https://openamerica.io/bill/115-HR-3093/)
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