S 2499
115th Congress
Senate
Finance and Financial Sector
Alternative dispute resolution, mediation, arbitration
Financial services and investments
Securities and Exchange Commission (SEC)
A bill to require the Financial Industry Regulatory Authority to establish a relief fund to provide investors with the full value of unpaid arbitration awards issued against brokerage firms or brokers regulated by the Authority.
Introduced: March 6, 2018
Introduced by:
Warren, Elizabeth
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 2018
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.
Mar 6, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 6, 2018
Introduced in Senate
Plain-English summary
This bill directs the Financial Industry Regulatory Authority (FINRA) to compensate investors for the full value of unpaid arbitration awards. To qualify, an award must be the result of a final order issued in favor of an investor against a brokerage firm or broker regulated by FINRA.
What's happening now
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-406.
Committees of jurisdiction
1
Cosponsors
1