BILL · 2001–02 SESSION

HB 2487: Regulating securities

Regulating securities.

Summary

  • $ Expands the authority of the Department of Financial Institutions to regulate the securities industry.
  • $ Expands the class of investment advisers subject to ethics requirements.
  • $ Authorizes the issuance of subpoenas containing a directive prohibiting disclosure to third parties.
  • $ Revises the definition of "security".
  • $ Authorizes the Department of Financial Institutions to regulate sales practices regarding variable annuities.

From the House Bill Analysis (HB 2487), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 18, 2002
  2. Out of committeeFeb 7, 2002
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Jim McIntire (D-46)
Introduced
January 18, 2002 in the House
Last action
February 19, 2002
Requested by
Other
Companion bill
SB 6483
Budget
Has a fiscal note

AN ACT Relating to regulating securities;

Sponsors

Prime sponsor: Jim McIntire (D-46)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

No recorded floor votes.

History

  1. Referred to Rules 2 Consideration.
  2. Placed on second reading by Rules Committee.
  3. Passed to Rules Committee for second reading.
  4. FII - Majority; do pass.
  5. FII - Executive action taken by committee.
  6. First reading, referred to Financial Institutions & Insurance.

HB 2487 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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