118th Congress Finance and Financial Sector
S. 3735: Protecting Innovation in Investment Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill prohibits the Securities and Exchange Commission from finalizing the proposed rule titled Conflicts of Interest Associated With the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers and published on August 9, 2023. The proposed rule requires broker-dealers and investment advisers to eliminate or neutralize conflicts of interests stemming from the use of technology (e.g., predictive data analytics or artificial intelligence) in communications with investors.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Bill Hagerty R-TNOriginal
- Mike Rounds R-SDOriginal
Who scored on this bill
No member has earned points from it yet.
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Ted Cruz
- S. 283: Illegal Red Snapper and Tuna Enforcement Act
- S. 3798: Safe Access to Cash Act of 2026
- S. 4009: Falun Gong and Victims of Forced Organ Harvesting Protection Act
- S. 4668: Protect College Sports Act of 2026
- S. 3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026
- S. 759: Modernizing Access to Our Public Oceans Act
History
- Introduced in the Senate by Ted Cruz.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.