Nonpartisan civic infrastructure
AllCiv·Legis1
·

H.R. 8786

BillFederalHouseIn Committee
To amend the Investment Company Act of 1940 to prohibit limitations on closed-end companies investing in private funds, and for other purposes.
About This Bill
Committee
Latest Action · November 19, 2020
Referred to the House Committee on Financial Services.
Congress
116th (2019–2021)
Introduced
November 19, 2020
Cosponsors (0)
None
View PDF ↗

Summary

Highlight any text to annotate
Increasing Investor Opportunities Act This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase their investments in private investment funds.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.