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United States · Law · S

S. 1227 (105th)

A bill to amend title I of the Employee Retirement Income Security Act of 1974 to clarify treatment of investment managers under such title.

enactedUnited States· United States Congress· EN

Introduced

26 September 1997

Last action

Status

Became Public Law No: 105-72.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide that investment managers under ERISA shall include fiduciaries registered solely under State law only if Federal registration is prohibited under the Investment Advisors Act of 1940. Treats a fiduciary as meeting certain ERISA filing requirements if the information is available to the Secretary of Labor from a centralized electronic or other record-keeping database.

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Documents

9 official files

Public Law (text)

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Sources

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