An Act To amend the Investment Company Act of 1940 to terminate an exemption for companies located in Puerto Rico, the Virgin Islands, and any other possession of the United States.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
U.S. Territories Investor Protection Act of 2016
This bill amends the Investment Company Act of 1940 to repeal the exemption from its coverage of investment companies created under the laws of Puerto Rico, the Virgin Islands, or any other U.S. possession.
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