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To amend the Investment Advisers Act of 1940 to require investment advisers who advise a private fund that owns an emergency services company to disclose to the Securities and Exchange Commission the average response times of emergency vehicles deployed by such company in response to 9-1-1 calls, and for other purposes.

USA115th CongressHR-6155| House 
| Updated: 6/19/2018
Norma J. Torres

Norma J. Torres

Democratic Representative

California

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
9-1-1 Emergency Service Protection Act This bill amends the Investment Advisers Act of 1940 to require a registered investment adviser who advises a private fund that owns a controlling interest in an emergency services company to disclose to the Securities and Exchange Commission, at least annually: the change in the average response time of emergency vehicles since the private fund acquired a controlling interest in the company, the percentage of response times that failed to meet a response time required by contract or local ordinance, and a description of the impact of any such failure on the value of the company to the private fund.
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Timeline
Jun 19, 2018
Introduced in House
Jun 19, 2018
Referred to the House Committee on Financial Services.
  • June 19, 2018
    Introduced in House


  • June 19, 2018
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Emergency medical services and trauma careFinancial services and investmentsFirst responders and emergency personnelPerformance measurementSecurities

To amend the Investment Advisers Act of 1940 to require investment advisers who advise a private fund that owns an emergency services company to disclose to the Securities and Exchange Commission the average response times of emergency vehicles deployed by such company in response to 9-1-1 calls, and for other purposes.

USA115th CongressHR-6155| House 
| Updated: 6/19/2018
9-1-1 Emergency Service Protection Act This bill amends the Investment Advisers Act of 1940 to require a registered investment adviser who advises a private fund that owns a controlling interest in an emergency services company to disclose to the Securities and Exchange Commission, at least annually: the change in the average response time of emergency vehicles since the private fund acquired a controlling interest in the company, the percentage of response times that failed to meet a response time required by contract or local ordinance, and a description of the impact of any such failure on the value of the company to the private fund.
View Full Text

Suggested Questions

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Timeline
Jun 19, 2018
Introduced in House
Jun 19, 2018
Referred to the House Committee on Financial Services.
  • June 19, 2018
    Introduced in House


  • June 19, 2018
    Referred to the House Committee on Financial Services.
Norma J. Torres

Norma J. Torres

Democratic Representative

California

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Emergency medical services and trauma careFinancial services and investmentsFirst responders and emergency personnelPerformance measurementSecurities