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S. 3579 115th Congress Senate

Investment Adviser Regulatory Flexibility Improvement Act

Official title: A bill to require the Securities and Exchange Commission to revise the definitions of a "small business" and "small organization" for purposes of assessing the… Show full official titleShow less

Official title: A bill to require the Securities and Exchange Commission to revise the definitions of a "small business" and "small organization" for purposes of assessing the impact of the rulemakings of the Commission under the Investment Advisers Act of 1940.

Introduced: October 11, 2018 Introduced by: Mike Rounds Republican · South Dakota See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresFinancial services and investmentsSecurities and Exchange Commission (SEC)Small business
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 11, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 11, 2018
Introduced in Senate
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 Latest action October 11, 2018

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

 Plain-English summary Congressional Research Service

Investment Adviser Regulatory Flexibility Improvement Act

This bill directs the Securities and Exchange Commission (SEC) to revise the definitions of "small business" and "small organization" for the purpose of analyzing the impact of regulations promulgated under the Investment Advisers Act of 1940. Specifically, the SEC must provide alternative methods through which a business or organization may qualify under such definitions.

 Related & companion bills 2
  • HR 6321 Investment Adviser Regulatory Flexibility Improvement Act
  • S 488 Encouraging Employee Ownership Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 3579: Investment Adviser Regulatory Flexibility Improvement Act. 115th Congress. Open America. https://openamerica.io/bill/115-S-3579/
MLA
"S. 3579: Investment Adviser Regulatory Flexibility Improvement Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-S-3579/.
Bluebook (legal)
S. 3579, 115th Cong. (2026), https://openamerica.io/bill/115-S-3579/.
Markdown link
[S. 3579: Investment Adviser Regulatory Flexibility Improvement Act](https://openamerica.io/bill/115-S-3579/)
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