or Login to see your representatives.

Access Candidates' and Representatives' Biographies, Voting Records, Interest Group Ratings, Issue Positions, Public Statements, and Campaign Finances

Simply enter your zip code above to get to all of your candidates and representatives, or enter a name. Then, just click on the person you are interested in, and you can navigate to the categories of information we track for them.

Key Votes

HR 2374 - Retail Investor Protection Act - Key Vote

National Key Votes

Don Young voted Yea (Passage) on this Legislation.

Read statements Don Young made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Bill Passed (House) (254-166) - (Key vote)

Title: Retail Investor Protection Act

Vote Smart's Synopsis:

Vote to pass a bill that prohibits the Securities and Exchange Commission from issuing certain regulations.

Highlights:
  • Prohibits the Secretary of the Department of Labor from establishing a regulation that defines the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission establishes standards of conduct for brokers and dealers (Sec. 2).
  • Prohibits the Secretary of the Department of Labor from establishing a rule that requires the same standards of conduct for a broker or dealer as are required for an investment advisor without first identifying the following (Sec. 3):
    • If retail customers are being harmed or disadvantaged due to brokers or dealers operating under different standards of conduct than those for investment advisors; and
    • If the adoption of a uniform standard for brokers or dealers and investment advisors would adversely impact retail investor access to or availability of investment advice and recommendations about securities.
  • Requires the Securities and Exchange Commission to publish findings that establishing a rule that requires the same standards of conduct for a broker as are required for an investment advisor would reduce retail customer confusion regarding the standards of conduct required from brokers, dealers, and investment advisors (Sec. 3).
Legislation - Introduced (House) -

Title: Retail Investor Protection Act

Sponsors

Co-sponsors

Back to top