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Strengthening Investor Advocate: Greater Independence and Protection

This act strengthens the independence and powers of the Investor Advocate, aiming to better protect your money and interests in the financial market. The Advocate will have more freedom to conduct research and publish results, and will have greater influence over their office's budget, leading to more effective action on your behalf.
Key points
The Investor Advocate will be harder to remove from office, increasing their independence in acting on behalf of citizens.
The Advocate gains more freedom to conduct investor research and publish results, which can provide you with valuable information.
The Advocate's office will have greater influence over its budget, allowing it to better fulfill its duties in protecting your interests.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_7732
Sponsor: Rep. Lynch, Stephen F. [D-MA-8]
Process start date: 2022-05-12
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Strengthening the Office of the Investor Advocate Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7732.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-05-12.

What are the main provisions?

Key points include:

  • The Investor Advocate will be harder to remove from office, increasing their independence in acting on behalf of citizens.
  • The Advocate gains more freedom to conduct investor research and publish results, which can provide you with valuable information.
  • The Advocate's office will have greater influence over its budget, allowing it to better fulfill its duties in protecting your interests.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lynch, Stephen F. [D-MA-8].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 25 - 22.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy