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United States · Bill · HR

H.R. 2187 (114th)

Fair Investment Opportunities for Professional Experts Act

referredUnited States· United States Congress· EN

Introduced

30 April 2015

Last action

2 February 2016 · Introduced

Status

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

Sponsors

Rep. Schweikert, David [R-AZ-1], Sen. Sinema, Kyrsten [I-AZ]

Subjects

Discovery layer

Source updated

7 April 2025

Official sourceDownload fileView documentsShare

Summary

Fair Investment Opportunities for Professional Experts Act This bill directs the Securities and Exchange Commission (SEC) to revise its rules under Regulation D to consider a natural person an accredited investor, regardless of specified income and net worth requirements, if the person certifies to the issuer before the sale of securities to that person that he or she: is a person described in specified other requirements of Regulation D, has retained and used the services of certain banks, savings and loan associations, insurance companies, registered brokers or dealers, or certain other entities or their employees to make an investment decision relative to the securities being offered, or is licensed as an accredited investor by the Financial Industry Regulatory Authority (FINRA) after completing an exam administered by FINRA using specified criteria established by the SEC. The SEC shall establish such criteria for FINRA to use in administering an exam to license as accredited investors natural persons who don't meet certain income and net worth requirements of Regulation D.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 30 April 2015

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 30 April 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 30 April 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 16 June 2015

    Committee

    Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.

    Source: Committee

  5. 8 December 2015

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  6. 9 December 2015

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 54 - 2.

    Source: Committee

  7. 9 December 2015

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  8. 1 February 2016

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 347 - 8 (Roll no. 46). (text: CR H378)

    Source: Floor

  9. 1 February 2016

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  10. 1 February 2016

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 347 - 8 (Roll no. 46).(text: CR H378)

    Source: Floor

  11. 1 February 2016

    Floor

    Considered under suspension of the rules. (consideration: CR H378-379)

    Source: Floor

  12. 1 February 2016

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  13. 1 February 2016

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2187.

    Source: Floor

  14. 1 February 2016

    Floor

    Mr. Garrett moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  15. 1 February 2016

    Calendars

    Placed on the Union Calendar, Calendar No. 309.

    Source: Calendars

  16. 1 February 2016

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-406.

    Source: Committee

  17. 1 February 2016

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-406.

    Source: Committee

  18. 2 February 2016

    Introduced

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

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

10 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 2 February 2016

    ViewDownloadOpen at official source

  • Referred in Senate (PDF)

    Referred in Senate · EN · 2 February 2016

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  • Reported in House (text)

    Reported in House · EN · 1 February 2016

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  • Reported in House (PDF)

    Reported in House · EN · 1 February 2016

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  • Engrossed in House (text)

    Engrossed in House · EN · 1 February 2016

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 1 February 2016

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  • Passed House amended

    summary · EN · 1 February 2016

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  • Introduced in House (text)

    Introduced in House · EN · 30 April 2015

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  • Introduced in House (PDF)

    Introduced in House · EN · 30 April 2015

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  • Introduced in House

    summary · EN · 30 April 2015

    Open at official source

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Sponsors

Related records

Sources

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