Pipeline · Bill → Law
Step 1
Introduced
Feb 6, 2024
Step 2
Referred
Feb 6, 2024
Banking, Housing, and Urban Affairs
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill prohibits the Securities and Exchange Commission from finalizing the proposed rule titled Conflicts of Interest Associated With the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers and published on August 9, 2023. The proposed rule requires broker-dealers and investment advisers to eliminate or neutralize conflicts of interests stemming from the use of technology (e.g., predictive data analytics or artificial intelligence) in communications with investors.
Timeline · 2 actions
Feb 6, 2024
Introduced in Senate
Feb 6, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.