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HR 4738 115th Congress House

Mutual Fund Litigation Reform Act

Official title: To amend the Investment Company Act of 1940 to provide complaint and burden of proof requirements for certain actions for breach of fiduciary duty.

Introduced: January 8, 2018 Introduced by: Emmer, Tom Republican · Minnesota See on congress.gov
Finance and Financial Sector Civil actions and liabilityEvidence and witnessesFinancial 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 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 7, 2018
Placed on the Union Calendar, Calendar No. 509.
May 7, 2018
Committee on the Judiciary discharged.
May 7, 2018
Reported by the Committee on Financial Services. H. Rept. 115-662, Part I.
Jan 18, 2018
Ordered to be Reported by the Yeas and Nays: 31 - 25.
Jan 18, 2018
Committee Consideration and Mark-up Session Held.
Jan 17, 2018
Committee Consideration and Mark-up Session Held.
Jan 8, 2018
Referred to the Subcommittee on the Constitution and Civil Justice.
Jan 8, 2018
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 8, 2018
Introduced in House
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 Latest action May 7, 2018

Placed on the Union Calendar, Calendar No. 509.

 Plain-English summary Congressional Research Service

Mutual Fund Litigation Reform Act

This bill amends the Investment Company Act of 1940 to specify burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty.

 Related & companion bills 1
  • HR 10 Related bill Financial CHOICE Act of 2017
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4738: Mutual Fund Litigation Reform Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4738/
MLA
"H.R. 4738: Mutual Fund Litigation Reform Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4738/.
Bluebook (legal)
H.R. 4738, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4738/.
Markdown link
[H.R. 4738: Mutual Fund Litigation Reform Act](https://openamerica.io/bill/115-HR-4738/)
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