United States · Bill · HR
H.R. 8188 (116th)
Mutual Fund Litigation Reform Act
Introduced
8 September 2020
Last action
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Status
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsors
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Subjects
Discovery layer
Source updated
3 January 2025
Summary
Mutual Fund Litigation Reform Act This bill specifies burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty against an investment adviser. Specifically, complaints must state certain facts with particularity, and a security holder has the burden of proving a breach of fiduciary duty by clear and convincing evidence.
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Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 8 September 2020
Introduced in House (PDF)
Introduced in House · EN · 8 September 2020
Introduced in House
summary · EN · 8 September 2020
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/house-bill/8188
- Open data entity: https://api.congress.gov/v3/bill/116/hr/8188