WA People
BILL · 2001–02 SESSION

SB 6483: 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 (SB 6483), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 65, Laws of 2002
  1. IntroducedJan 18, 2002
  2. Out of committeeFeb 4, 2002
  3. Passed SenateFeb 16, 2002
  4. Passed HouseMar 6, 2002
  5. GovernorMar 21, 2002
  6. LawMar 21, 2002
Prime sponsor
Margarita Prentice (D-11)
Introduced
January 18, 2002 in the Senate
Last action
March 21, 2002
Session law
Chapter 65, Laws of 2002
Requested by
Other
Companion bill
HB 2487
Budget
Has a fiscal note

AN ACT Relating to regulating securities;

Sponsors

Prime sponsor: Margarita Prentice (D-11)

1 co-sponsor (0 Democrats, 1 Republican)

Shirley Winsley R-28

Votes

Senate · 3rd Reading & Final Passage

Passed February 16, 2002
Version voted on: SB 6483
45 Yea 0 Nay 3 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat23020
Republican22011
How each member voted

Excused (1)

Permalink to this vote

House · Final Passage

Passed March 6, 2002
Version voted on: SB 6483
93 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat48002
Republican45003
How each member voted

Yea (93)

Permalink to this vote

History

  1. Effective date 6/13/2002.
  2. Chapter 65, 2002 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 93; nays, 0; absent, 0; excused, 5.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. FII - Executive action taken by committee.
  12. FII - Majority; do pass.
  13. First reading, referred to Financial Institutions & Insurance.
  14. Third reading, passed; yeas, 45; nays, 0; absent, 3; excused, 1.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. LCF - Majority; do pass.
  19. First reading, referred to Labor, Commerce & Financial Institutions.

SB 6483 in other sessions

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

Report wrong or missing information on this page