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United States · Bill · HR

H.R. 2225 (112th)

To amend the Investment Advisers Act of 1940 to add a definition of family office.

referredUnited States· United States Congress· EN

Introduced

16 June 2011

Last action

Status

Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

Sponsors

Subjects

Discovery layer

Source updated

6 February 2024

Summary

Amends the Investment Advisers Act of 1940 to define "family office" (exempt from coverage by the Act) as a company (including any director, partner, trustee, or employee of such company, when acting in their respective capacities as such) that has no clients other than family clients and is owned, controlled, or operated primarily for the benefit of family clients and does not hold itself out to the public as an investment adviser.

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Documents

3 official files

Introduced in House (text)

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Sources

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