Introduced in Senate

[Congressional Bills 111th Congress] [From the U.S. Government Publishing Office] [S. 3717 Introduced in Senate (IS)] 111th CONGRESS 2d Session S. 3717 To amend the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to provide for certain disclosures under section 552 of title 5, United States Code, (commonly referred to as the Freedom of Information Act), and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES August 5, 2010 Mr. Leahy (for himself, Mr. Grassley, Mr. Cornyn, and Mr. Kaufman) introduced the following bill; which was read twice and referred to the Committee on the Judiciary _______________________________________________________________________ A BILL To amend the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to provide for certain disclosures under section 552 of title 5, United States Code, (commonly referred to as the Freedom of Information Act), and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. APPLICATION OF THE FREEDOM OF INFORMATION ACT TO CERTAIN

SECTION 1. APPLICATION OF THE FREEDOM OF INFORMATION ACT TO CERTAIN STATUTES. (a) Amendments to the Securities and Exchange Act.--Section 24 of the Securities Exchange Act of 1934 (15 U.S.C. 78x), as amended by

section 929I(a) of the Dodd-Frank Consumer Financial Protection and

section 929I(a) of the Dodd-Frank Consumer Financial Protection and Wall Street Reform Act (Public Law 111-203), is amended by striking subsection (e) and inserting the following: ``(e) Freedom of Information Act.--For purposes of section 552(b)(8) of title 5, United States Code, (commonly referred to as the Freedom of Information Act)-- ``(1) the Commission is an agency responsible for the regulation or supervision of financial institutions; and ``(2) any entity for which the Commission is responsible for regulating, supervising, or examining under this title is a financial institution.''. (b) Amendments to the Investment Company Act.--Section 31 of the Investment Company Act of 1940 (15 U.S.C. 80a-30), as amended by

section 929I(b) of the Dodd-Frank Consumer Financial Protection and

section 929I(b) of the Dodd-Frank Consumer Financial Protection and Wall Street Reform Act (Public Law 111-203), is amended-- (1) by striking subsection (c); and (2) by redesignating subsections (d) and (e) as subsections (c) and (d), respectively. (c) Amendments to the Investment Advisers Act.--Section 210 of the Investment Advisers Act of 1940 (15 U.S.C. 80b-10), as amended by

section 929I(c) of the Dodd-Frank Consumer Financial Protection and

section 929I(c) of the Dodd-Frank Consumer Financial Protection and Wall Street Reform Act (Public Law 111-203), is amended by striking subsection (d).