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HR 6732 116th Congress House Taxation Administrative law and regulatory procedures Banking and financial institutions regulation Department of the Treasury Financial services and investments Life, casualty, property insurance Securities

To direct the Secretary of the Treasury to modify certain regulations relating to insurance-dedicated exchange-traded funds.

Introduced: May 5, 2020 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 2020
Referred to the House Committee on Ways and Means.
May 5, 2020
Introduced in House
 Plain-English summary Congressional Research Service

This bill directs the Department of the Treasury to modify certain regulations relating to insurance-dedicated exchange-traded funds. An exchange-traded fund is a regulated investment company, partnership, or trust (1) that is registered with the Securities and Exchange Commission as an open-end investment company or a unit investment trust, (2) the shares of which can be purchased or redeemed directly from the fund only by an authorized participant (i.e., a financial institution that is a member or participant of a registered clearing agency), and (3) the shares of which are traded throughout the day on a national stock exchange at market prices that may or may not be the same as the net asset value of the shares.

What's happening now May 5, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1