Lets some financial advisers manage more money without federal paperwork.
This bill would let certain financial advisers manage more money for private funds before they need to register with the federal government. It would immediately raise the limit from $150 million to $175 million. The bill also makes sure this limit would be updated every five years to keep up with inflation.
Currently, certain financial advisers of private funds must register with the federal government if they manage $150 million or more in assets. This bill would immediately raise that limit to $175 million. It would also require the Securities and Exchange Commission to adjust this amount for inflation every five years, ensuring the limit stays current.
HR 3673 · 119th Congress · June 3, 2025 · AI Summary by gemini-2.5-flash · 9/10
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3 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.