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   &lt;pre&gt;[Congressional Record Volume 167, Number 19 (Tuesday, February 2, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. EMMER:H.R. 699.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 18[Page H279]&lt;/pre&gt;
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     &lt;p&gt;&lt;b&gt;Mutual Fund Litigation Reform Act&lt;/b&gt;&lt;/p&gt; &lt;p&gt; This bill specifies burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty against an investment adviser. Specifically, complaints must state certain facts with particularity, and a security holder has the burden of proving a breach of fiduciary duty by clear and convincing evidence.&lt;/p&gt;
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     To amend the Investment Company Act of 1940 to provide complaint and burden of proof requirements for certain actions for breach of fiduciary duty.
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2021-03-22
Courts, Intellectual Property, and the Internet Subcommittee
hsju03
1
House committee actions
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
Committee
H11100
2021-02-02
Judiciary Committee
hsju00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2021-02-02
Financial Services Committee
hsba00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
Intro-H
2021-02-02
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-02-02
9
Library of Congress
Introduced in House
IntroReferral
2021-02-02T19:05:15Z
Referred to
House
Judiciary Committee
2021-03-22T16:22:44Z
Referred to
Courts, Intellectual Property, and the Internet Subcommittee
hsju03
hsju00
Standing
2021-02-02T19:05:10Z
Referred to
House
Financial Services Committee
hsba00
Standing
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-02-02
2021-03-22
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
House
Finance and Financial Sector
E000294
6
Tom
Rep. Emmer, Tom [R-MN-6]
N
Emmer
R
MN
Civil actions and liability Evidence and witnesses Financial services and investments Securities
2021-02-02
Introduced in House
 <p><b>Mutual Fund Litigation Reform Act</b></p> <p> This bill specifies burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty against an investment adviser. Specifically, complaints must state certain facts with particularity, and a security holder has the burden of proving a breach of fiduciary duty by clear and convincing evidence.</p>
2021-05-25T19:55:27Z
00
2021-02-02T05:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr699ih/xml/BILLS-117hr699ih.xml
Mutual Fund Litigation Reform Act
Mutual Fund Litigation Reform Act
Display Title
IH
Introduced in House
To amend the Investment Company Act of 1940 to provide complaint and burden of proof requirements for certain actions for breach of fiduciary duty.
Official Title as Introduced
IH
Introduced in House
Mutual Fund Litigation Reform Act
Short Title(s) as Introduced
HR
2023-01-11T13:46:58Z
2023-01-11T13:46:58Z
3.0.0
2021-03-22
Courts, Intellectual Property, and the Internet Subcommittee
hsju03
1
House committee actions
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.
Committee
H11100
2021-02-02
Judiciary Committee
hsju00
2
House floor actions
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2021-02-02
Financial Services Committee
hsba00
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House floor actions
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Intro-H
2021-02-02
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Library of Congress
Introduced in House
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2021-02-02
9
Library of Congress
Introduced in House
IntroReferral
E000294
6
Tom
Rep. Emmer, Tom [R-MN-6]
N
Emmer
R
MN
Civil actions and liability Evidence and witnesses Financial services and investments Securities
2021-02-02
Introduced in House
 <p><b>Mutual Fund Litigation Reform Act</b></p> <p> This bill specifies burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty against an investment adviser. Specifically, complaints must state certain facts with particularity, and a security holder has the burden of proving a breach of fiduciary duty by clear and convincing evidence.</p>
2021-05-25T19:55:27Z
00
Mutual Fund Litigation Reform Act
Mutual Fund Litigation Reform Act
Display Title
IH
Introduced in House
To amend the Investment Company Act of 1940 to provide complaint and burden of proof requirements for certain actions for breach of fiduciary duty.
Official Title as Introduced
IH
Introduced in House
Mutual Fund Litigation Reform Act
Short Title(s) as Introduced
2021-03-22
Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.