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S 3735 118th Congress Senate Finance and Financial Sector

Protecting Innovation in Investment Act

Introduced: February 6, 2024 Introduced by: Cruz, Ted Republican · Texas See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Feb 6, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 6, 2024
Introduced in Senate
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 Plain-English summary Congressional Research Service

Protecting Innovation in Investment Act

This bill prohibits the Securities and Exchange Commission from finalizing the proposed rule titled Conflicts of Interest Associated With the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers and published on August 9, 2023. The proposed rule requires broker-dealers and investment advisers to eliminate or neutralize conflicts of interests stemming from the use of technology (e.g., predictive data analytics or artificial intelligence) in communications with investors.

What's happening now February 6, 2024

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2
R
Hagerty, Bill
Tennessee · Feb 6, 2024
 R
Rounds, Mike
South Dakota · Feb 6, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3735: Protecting Innovation in Investment Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-3735/
MLA
"S. 3735: Protecting Innovation in Investment Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-3735/.
Bluebook (legal)
S. 3735, 118th Cong. (2026), https://openamerica.io/bill/118-S-3735/.
Markdown link
[S. 3735: Protecting Innovation in Investment Act](https://openamerica.io/bill/118-S-3735/)
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