# 117-hr-9527: Putting Investors First Act of 2022

117-hr-9527, Putting Investors First Act of 2022, is a 117th Congress bill sponsored by Rep. Steil, Bryan [R-WI-1] (R-WI); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-9527
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-9527
- Congress: 117
- Title: Putting Investors First Act of 2022
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2022-12-14
- Sponsor: Rep. Steil, Bryan [R-WI-1] (R-WI)
- Cosponsors: 19
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Putting Investors First Act of 2022 This bill&nbsp;requires a proxy advisory firm to register with the Securities and Exchange Commission and prohibits an unregistered proxy advisory firm from using interstate commerce to provide proxy-voting advice, research, analysis, or recommendations to any client. With respect to these firms, the bill (1)&nbsp;establishes procedures for&nbsp;both registration and termination of registration; (2) requires each firm to employ an ombudsman, designate a compliance officer, and publicly disclose conflicts of interest; (3) allows issuers to assess and comment on proxy voting recommendations; and (4) prohibits unfair, coercive, or abusive practices. The bill establishes a private right of action against a proxy advisory firm that endorses an approved proposal that is not supported by the issuer and is found to be illegal.

## Cosponsors (19)

- Rep. Barr, Andy [R-KY-6] (R-KY), 2022-12-14T00:00:00.000Z
- Rep. Ferguson, A. Drew, IV [R-GA-3] (R-GA), 2022-12-14T00:00:00.000Z
- Rep. Stefanik, Elise M. [R-NY-21] (R-NY), 2022-12-14T00:00:00.000Z
- Rep. Rose, John W. [R-TN-6] (R-TN), 2022-12-14T00:00:00.000Z
- Rep. Davidson, Warren [R-OH-8] (R-OH), 2022-12-14T00:00:00.000Z
- Rep. Amodei, Mark E. [R-NV-2] (R-NV), 2022-12-14T00:00:00.000Z
- Rep. Balderson, Troy [R-OH-12] (R-OH), 2022-12-14T00:00:00.000Z
- Rep. Armstrong, Kelly [R-ND-At Large] (R-ND), 2022-12-14T00:00:00.000Z
- Rep. Williams, Roger [R-TX-25] (R-TX), 2022-12-14T00:00:00.000Z
- Rep. Hill, J. French [R-AR-2] (R-AR), 2022-12-14T00:00:00.000Z
- Rep. Flood, Mike [R-NE-1] (R-NE), 2022-12-14T00:00:00.000Z
- Rep. LaMalfa, Doug [R-CA-1] (R-CA), 2022-12-14T00:00:00.000Z
- Rep. Franklin, Scott [R-FL-18] (R-FL), 2022-12-14T00:00:00.000Z
- Rep. Gooden, Lance [R-TX-5] (R-TX), 2022-12-14T00:00:00.000Z
- Rep. Davis, Rodney [R-IL-13] (R-IL), 2022-12-14T00:00:00.000Z
- Rep. Fitzgerald, Scott [R-WI-5] (R-WI), 2022-12-14T00:00:00.000Z
- Rep. Gimenez, Carlos A. [R-FL-28] (R-FL), 2022-12-14T00:00:00.000Z
- Rep. Joyce, David P. [R-OH-14] (R-OH), 2022-12-15T00:00:00.000Z
- Rep. Burgess, Michael C. [R-TX-26] (R-TX), 2022-12-15T00:00:00.000Z

## Related bills

- 117-hr-2471: Consolidated Appropriations Act, 2022
- 117-hr-619: Born-Alive Abortion Survivors Protection Act
- 117-hjres-65: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "COVID-19…
- 117-hr-1448: PAWS for Veterans Therapy Act
- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…
- 117-hr-5854: Illegal Immigrant Payoff Prohibition Act

## Sources
- [117-hr-9527 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/9527)

## Related
- [117-hr-2471: Consolidated Appropriations Act, 2022](https://policyrisk.com/legislation/117-hr-2471)
- [117-hr-619: Born-Alive Abortion Survivors Protection Act](https://policyrisk.com/legislation/117-hr-619)
- [117-hjres-65: Providing for congressional disapproval under chapter 8 of title 5, United Stat…](https://policyrisk.com/legislation/117-hjres-65)
- [117-hr-1448: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/117-hr-1448)
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [117-hr-5854: Illegal Immigrant Payoff Prohibition Act](https://policyrisk.com/legislation/117-hr-5854)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-9527 (as of 2025-11-18).
