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HR 9527 117th Congress House Finance and Financial Sector

Putting Investors First Act of 2022

Introduced: December 14, 2022 Introduced by: Steil, Bryan Republican · Wisconsin See on congress.gov
This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Dec 14, 2022
Referred to the House Committee on Financial Services.
Dec 14, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

Putting Investors First Act of 2022

This bill requires a proxy advisory firm to register with the Securities and Exchange Commission and prohibits an unregistered proxy advisory firm from using interstate commerce to provide proxy-voting advice, research, analysis, or recommendations to any client.

With respect to these firms, the bill (1) establishes procedures for both registration and termination of registration; (2) requires each firm to employ an ombudsman, designate a compliance officer, and publicly disclose conflicts of interest; (3) allows issuers to assess and comment on proxy voting recommendations; and (4) prohibits unfair, coercive, or abusive practices.

The bill establishes a private right of action against a proxy advisory firm that endorses an approved proposal that is not supported by the issuer and is found to be illegal.

What's happening now December 14, 2022

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 9527: Putting Investors First Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-HR-9527/
MLA
"H.R. 9527: Putting Investors First Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-9527/.
Bluebook (legal)
H.R. 9527, 117th Cong. (2026), https://openamerica.io/bill/117-HR-9527/.
Markdown link
[H.R. 9527: Putting Investors First Act of 2022](https://openamerica.io/bill/117-HR-9527/)
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