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 21, 2026
- Done: SubcommitteeJanuary 21, 2026
- Done: Senate committeeJanuary 28, 2026
- Skipped: Passes the SenateContinued as SF 2147
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 2147 → Its progress continues under the new number. Go to SF 2147 What’s a funnel?
What’s in it
AI summary If someone wants to remove information from a specific investment adviser database, the insurance commissioner must be included in the legal process. The investment adviser who reported the information can also be named as a participant in that process.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.
Senate subcommittee
Named January 21, 2026. On January 27, 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
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91st General Assembly