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United States · Bill · S

S. 649 (101st)

Shareholder Communications Improvement Act of 1989

reportedUnited States· United States Congress· EN

Introduced

17 March 1989

Last action

20 September 1989 · Reported

Status

Committee on Banking. Provisions of measure incorporated into measure S. 1712 ordered to be reported.

Sponsors

Sen. Dodd, Christopher J. [D-CT], Sen. Heinz, John [R-PA]

Subjects

Discovery layer

Source updated

26 August 2025

Official sourceDownload fileView documentsShare

Summary

Shareholder Communications Improvement Act of 1989 - Amends the Securities Exchange Act of 1934 to require mutual fund and other investment company entities that exercise fiduciary powers holding securities as nominees to: (1) deliver proxy materials and information statements to the beneficial owners of investment company securities; and (2) supply registrants, upon request, with beneficial owner information so that annual reports and voluntary communications may be provided to such beneficial owners. Requires that information statements be provided by: (1) brokers and bank nominees to the beneficial owners of the securities; and (2) investment companies to record holders prior to any security holder vote when proxies, consents, or authorizations are not solicited.

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

Timeline

  1. 17 March 1989

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 17 March 1989

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 18 April 1989

    Committee

    Subcommittee on Securities. Hearings held.

    Source: Committee

  4. 20 September 1989

    Reported

    Committee on Banking. Provisions of measure incorporated into measure S. 1712 ordered to be reported.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 17 March 1989

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

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