# 114-hr-5019: Fair Access to Investment Research Act of 2016

114-hr-5019, Fair Access to Investment Research Act of 2016, is a 114th Congress bill sponsored by Rep. Hill, J. French [R-AR-2] (R-AR); status Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5019
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5019
- Congress: 114
- Title: Fair Access to Investment Research Act of 2016
- Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced: 2016-04-21
- Sponsor: Rep. Hill, J. French [R-AR-2] (R-AR)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Fair Access to Investment Research Act of 2016 This bill directs the Securities and Exchange Commission (SEC) to revise a specified regulation to create a safe harbor for certain publications or distributions of research reports by brokers or dealers distributing securities. The revised regulation shall declare that a published or distributed investment fund research report shall not be deemed to constitute an offer for sale or an offer to sell a security that is the subject of the offering pursuant to an effective registration statement, even if the broker or dealer is participating or will participate in the registered offering of the covered investment fund's securities. The covered investment fund research report shall indeed be deemed to satisfy the regulation's requirements as well as those of any self-regulatory organization. The SEC shall not impose specified conditions and requirements when implementing the safe harbor. Until the SEC has adopted such safe harbor revisions, and the Financial Industry Regulatory Authority (FINRA) has revised a related rule, a covered investment fund shall be deemed to be a security listed on a national securities exchange that is not subject to a certain filing requirement of the Investment Company Act of 1940.

## Cosponsors (1)

- Rep. Carney, John C., Jr. [D-DE-At Large] (D-DE), 2016-04-21T00:00:00.000Z

## Related bills

- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-4620: Preserving Access to CRE Capital Act of 2016
- 114-hr-4352: Faster Care for Veterans Act of 2016
- 114-hr-4166: Expanding Proven Financing for American Employers Act
- 114-hr-3929: Office of Strategic Services Congressional Gold Medal Act
- 114-hr-3381: Childhood Cancer STAR Act

## Sources
- [114-hr-5019 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5019)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-4620: Preserving Access to CRE Capital Act of 2016](https://policyrisk.com/legislation/114-hr-4620)
- [114-hr-4352: Faster Care for Veterans Act of 2016](https://policyrisk.com/legislation/114-hr-4352)
- [114-hr-4166: Expanding Proven Financing for American Employers Act](https://policyrisk.com/legislation/114-hr-4166)
- [114-hr-3929: Office of Strategic Services Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-3929)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5019 (as of 2025-11-18).