Bills › 91st General Assembly
Relating to respondents in a proceeding to expunge information in a record in the investment adviser registration depository
Proposed by the Department of Insurance and Financial Services · all agency proposals
Topics:Business & economyInsurance
Where it is now
- Done: IntroducedJanuary 13, 2026
- Done: SubcommitteeJanuary 13, 2026
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Skipped: Senate committeeSkipped
- Done: Passes the SenateMarch 10, 202646–0
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary If someone wants to remove information from the investment adviser registration database, the rules for who must be involved in the case would change. The commissioner of insurance would now be required to be part of the legal proceeding. The investment adviser who reported the information could also be included in the case.1
Read the official explanation
This bill relates to respondents in a proceeding to expunge information in a record in the investment adviser registration depository. Under current law, the commissioner of insurance, or the investment adviser that reported the information in the record in the investment adviser registration depository, may be named as a respondent or as respondents in a proceeding to expunge the information. Under the bill, the commissioner shall be named as a respondent and the investment adviser may be named as a respondent in such a proceeding.
House subcommittee
Named January 13, 2026. On January 20, 2026 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Family tree
91st General Assembly