115th Congress > House > Vote 733

Date: January 17, 2018

Result: 418-2 (Passed)

Clerk session vote number: 25

Sponsor: HOLLINGSWORTH, Joseph Albert III (R-IN)

Bill number: HR4279

Question: On Motion to Suspend the Rules and Pass, as Amended

Description: Expanding Investment Opportunities Act

Bill summary: Expanding Investment Opportunities Act (Sec. 2) This bill directs the Securities and Exchange Commission to revise registration rules to allow a closed-end company to use offering and proxy rules currently available to other issuers of securities, thereby reducing filing requirements and restrictions on communications with investors in certain circumstances. (A closed-end company is a publicly traded investment management company that sells a limited number of shares to investors in an initial public offering.)

Bill titles: To direct the Securities and Exchange Commission to revise any rules necessary to enable closed-end companies to use the securities offering and proxy rules that are available to other issuers of securities.

Links for more info on the vote: congress.gov

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