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Maker-Taker Conflict of Interest Reform Act of 2015
Legislative Progress
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vs 6,526 other HR bills in the 114th — cohort avg 56d
Maker-Taker Conflict of Interest Reform Act of 2015 This bill directs the Securities and Exchange Commission (SEC) to initiate a six-month pilot program that examines maker-taker pricing (any pricing model by a trading venue that provides rebates, or comparable inducements, or fees to market participants to either provide liquidity to, or take liquidity from, that trading venue). In conducting this program, the SEC is required to: identify, out of the 100 issuers with the most frequently-traded securities, a random sample of 50 issuers (the "sample group"); prohibit the payment of rebates (or comparable inducements) on any trade of securities of the issuers in the sample group; and compare the effects of such prohibition on the issuers in the sample group compared to the other 50 issuers in the "control group."
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2016 · first_quarter · Financial Institutions/Investments/Securities
H.R. 1216 - Maker-Taker Conflict of Interest Reform Act of 2015 (Lynch) H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015 (Ross) H.R. 1675 - Capital Markets Improvement Act of 2016 (Hultgren) H.R. 2187 - Fair Investment Opportunities for Professional Experts Act (Schweikert) H.R. 3610 - Puerto Rico Investor Protection Act of 2015 (Velazquez) H.R. 4248 - FSOC Designation Review Act (Westmoreland) H.R. 4498 - Helping Angels Lead our Startups Act (Chabot) S. 1484 - Financial Regulatory Improvement Act of 2015 (Shelby) S. 1802 - Consumer Financial Choice and Capital Markets Protection Act (Toomey) S. 2497 - Retail Investor Protection Act of 2016 (Blunt) FSOC Review of Asset Management Sector for Potential SIFI Designations Financial Stability Board CFTC Rule 4.5 Exchange-Traded Funds Proxy Advisory Services SEC Proposed Rule on Website Delivery of Fund Shareholder Reports SEC Proposed Rule on use of Derivatives by Registered Funds SEC Proposed Rule on Liquidity Risk Management National Market System Plans
Referred to the House Committee on Financial Services.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $1,230,417 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE
2015 · fourth_quarter · Financial Institutions/Investments/Securities
H.R. 1090 - Retail Investor Protection Act (Wagner) H.R. 1216 - Maker-Taker Conflict of Interest Reform Act of 2015 (Lynch) H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015 (Ross) H.R. 2187 - Fair Investment Opportunities for Professional Experts Act (Schweikert) H.R. 2356 - Fair Access to Investment Research Act of 2015 (Hill) H.R. 3610 - Puerto Rico Investor Protection Act of 2015 (Velazquez) H.R. 3189 - Fed Oversight Reform and Modernization Act of 2015 (Huizenga) H.R. 3738 - Office of Financial Research Accountability Act of 2015 (Royce) H.R. 4216 - Consumer Financial Choice and Capital Markets Protection Act (Moore) Helping Angels Lead our Startups Act (Chabot) S. 1484 - Financial Regulatory Improvement Act of 2015 (Shelby) S. 1802 - Consumer Financial Choice and Capital Markets Protection Act (Toomey) FSOC Review of Asset Management Sector for Potential SIFI Designations Financial Stability Board CFTC Rule 4.5 Exchange-Traded Funds Structure of the U.S. Securities Markets Proxy Advisory Services
Client expense: $1,092,912 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of, White House Office
2015 · third_quarter · Financial Institutions/Investments/Securities
H.R. 1090 - Retail Investor Protection Act (Wagner) H.R. 1216 - Maker-Taker Conflict of Interest Reform Act of 2015 (Lynch) H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015 (Ross) H.R. 2187 - Fair Investment Opportunities for Professional Experts Act (Schweikert) H.R. 2289 - Commodity End-User Relief Act (Conaway) H.R. 2356 - Fair Access to Investment Research Act of 2015 (Hill) H.R. 3189 - Fed Oversight Reform and Modernization Act of 2015 (Huizenga) S. 1484 - Financial Regulatory Improvement Act of 2015 (Shelby) S. 1802 - Consumer Financial Choice and Capital Markets Protection Act of 2015 (Toomey) FSOC Review of Asset Management Sector for Potential SIFI Designations Financial Stability Board Exchange-Traded Funds Structure of the U.S. Securities Markets
Client expense: $1,947,493 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of, White House Office
2015 · third_quarter · Financial Institutions/Investments/Securities
HR 1309, the Systemic Risk Designation Improvement Act of 2015. HR 1090, the Retail Investor Protection Act. H.R. 1216, Maker-Taker Conflict of Interest Reform Act of 2015. S. 1484, the Financial Regulatory Improvement Act. Regulatory proposals related to asset management regulation, including SEC File No. S7-08-15, Investment Company Reporting Modernization; SEC File No. S7-09-15, Amendments to Form ADV and Investment Advisers Act Rules; SEC File No. S7-11-15, Request for Comment on Exchange-Traded Products and SEC File No. S7-16-15, Open-End Fund Liquidity Risk Management Programs. Regulatory proposals related to fixed income market structure; to National Market System governance and oversight of self-regulatory organizations; and to the designation of financial institutions as systemically important. Legislative proposals related to oversight and transparency of the Federal Reserve.
Client expense: $770,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC)
2015 · second_quarter · Financial Institutions/Investments/Securities
HR 1309, the Systemic Risk Designation Improvement Act of 2015. HR 1090, the Retail Investor Protection Act. H.R. 1216, Maker-Taker Conflict of Interest Reform Act of 2015. S. 1484, the Financial Regulatory Improvement Act. Regulatory proposals related to equity market structure, including SEC File No. 4-657, a proposed National Market System Plan to Implement a Tick Size Pilot Program. Regulatory proposals related to asset management regulation, including SEC File No. S7-08-15, Investment Company Reporting Modernization; SEC File No. S7-09-15, Amendments to Form ADV and Investment Advisers Act Rules; and SEC File No. S7-11-15, Request for Comment on Exchange-Traded Products. Regulatory proposals related to fixed income market structure. Regulatory proposals related to National Market System governance and oversight of self-regulatory organizations. Regulatory proposals related to the harmonization of broker-dealers and investment advisers under a fiduciary standard. Legislative proposals related to the oversight of the Federal Reserve and the Financial Stability Oversight Council.
Client expense: $520,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC)
2015 · first_quarter · Financial Institutions/Investments/Securities
HR 1309, the Systemic Risk Designation Improvement Act of 2015. HR 1090, the Retail Investor Protection Act. H.R. 1216: Maker-Taker Conflict of Interest Reform Act of 2015. Regulatory proposals related to equity market structure, including SEC File No. 4-657, a proposed National Market System Plan to Implement a Tick Size Pilot Program; National Market System governance; and asset manager regulation. Regulatory proposals related to fixed income market structure. Regulatory proposals related to the definition of fiduciary, the harmonization of broker-dealers and investment advisers under a fiduciary standard, and conflicts of interest. Legislative proposals related to the oversight of the Federal Reserve and the Financial Stability Oversight Council.
Client expense: $640,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC)