Assembly

Assembly
Record of Committee Proceedings

Committee on Financial Institutions

Assembly Bill 831

Relating to: the regulation of investment advisers and investment adviser representatives, the registration of securities and granting rule-making authority.

By the Committee on Financial Institutions, by request of the Department of Financial Institutions.

February 25, 1998 Referred to committee on Financial Institutions.

February 25, 1998 PUBLIC HEARING HELD

Present: (14) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum and Murat.

Absent: (1) Representative Plale.

Appearances for

· Secretary Richard Dean, Dept. of Financial Institutions

· Patricia Struck, Dept. of Financial Institutions

Appearances against

· None.

Appearances for Information Only

· None.

Registrations for

· Dave Anderson, Dept. of Financial Institutions

Registrations against

· None.

March 11, 1998 EXECUTIVE SESSION

Present: (15) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.

Absent: (0) None.

Moved by Representative Ward, seconded by , that Assembly Amendment 1

be recommended for introduction and adoption.

Ayes: (15) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.

Noes: (0) None.

Absent: (0) None.

INTRODUCTION AND ADOPTION RECOMMENDED, Ayes 15, Noes 0, Absent 0

Moved by Representative Plale, seconded by Representative Kedzie, that Assembly Bill 831

be recommended for passage as amended.

Ayes: (15) Representatives Ward, Hoven, Green, Lazich, Foti, Kedzie, Schafer, Sykora, R. Potter, Travis, La Fave, Meyer, Morris-Tatum, Murat and Plale.

Noes: (0) None.

Absent: (0) None.

PASSAGE AS AMENDED RECOMMENDED, Ayes 15, Noes 0, Absent 0

AKoerner

Committee Clerk