S. 3948 · 117th Congress

Increasing Investor Opportunities Act

Stage
In committee
Introduced
2022-03-29
Latest action
2022-04-05 · Committee on Banking, Housing, and Urban Affairs. Hearings held.

Summary

Increasing Investor Opportunities Act

This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase their investments in private investment funds.