# 116-hr-8188: Mutual Fund Litigation Reform Act

116-hr-8188, Mutual Fund Litigation Reform Act, is a 116th Congress bill sponsored by Rep. Emmer, Tom [R-MN-6] (R-MN); status Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8188
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8188
- Congress: 116
- Title: Mutual Fund Litigation Reform Act
- Status: Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2020-09-08
- Sponsor: Rep. Emmer, Tom [R-MN-6] (R-MN)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Mutual Fund Litigation Reform Act This bill specifies burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty against an investment adviser. Specifically, complaints must state certain facts with particularity, and a security holder has the burden of proving a breach of fiduciary duty by clear and convincing evidence.

## Related bills

- 116-hr-8989: To require the Securities and Exchange Commission to conduct a study on the feasibility, benefits, and costs of using a distributed ledger system in the post-t…
- 116-hr-8891: To designate the facility of the United States Postal Service located at 229 Minnetonka Avenue South in Wayzata, Minnesota, as the "Jim Ramstad Post Office".
- 116-hr-8584: Retirement Inflation Protection Act of 2020
- 116-hr-8489: PRICE Act
- 116-hr-8418: STARTS Act of 2020
- 116-hr-8378: Securities Clarity Act

## Sources
- [116-hr-8188 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8188)

## Related
- [116-hr-8989: To require the Securities and Exchange Commission to conduct a study on the fea…](https://policyrisk.com/legislation/116-hr-8989)
- [116-hr-8891: To designate the facility of the United States Postal Service located at 229 Mi…](https://policyrisk.com/legislation/116-hr-8891)
- [116-hr-8584: Retirement Inflation Protection Act of 2020](https://policyrisk.com/legislation/116-hr-8584)
- [116-hr-8489: PRICE Act](https://policyrisk.com/legislation/116-hr-8489)
- [116-hr-8418: STARTS Act of 2020](https://policyrisk.com/legislation/116-hr-8418)
- [116-hr-8378: Securities Clarity Act](https://policyrisk.com/legislation/116-hr-8378)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8188 (as of 2025-11-18).