H.R. 2947 would amend the Federal securities laws to make technical corrections and to make conforming amendments related to the repeal of the Public Utility Holding Company Act of 1935.
Detailed Summary
<b>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</b>
Securities Law Technical Corrections Act of 2009 - Makes technical corrections to the following Acts: (1) the Securities Act of 1933; (2) the Securities Exchange Act of 1934; (3) the Trust Indenture Act of 1939; (4) the Investment Company Act of 1940; and (5) the Investment Advisers Act of 1940.
Amends the following statutes to make conforming amendments for the repeal of the Public Utility Holding Company Act of 1935 (PUHCA): (1) the Securities Exchange Act of 1934; (2) the Trust Indenture Act of 1939; (3) the Investment Company Act of 1940; and (4) the Investment Advisers Act of 1940.
Status of the Legislation
Latest Major Action: 9/16/2009: Referred to Senate committee. Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Points in Favor
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Points Against
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From the Blog
More Bills on the House Floor This Week
Here are some more of the bills the House will debate this week: H.R. 3146 – 21 Century FHA Housing Act of 2009 H.R. 2947 – Securities Law Technical Corrections Act of 2009 H.R. 3527 – FHA Multifamily Loan Limit Adjustment Act of 2009...