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Protecting Innovation in Investment Act

S. 3735 Sen. Ted Cruz (R-TX) In committee
Bill text PDF
  1. Introduced Feb 6
  2. Committee Feb 6
  3. Passed Senate Next
  4. Passed House Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Feb 6, 2024Next: Senate vote
995d ago Feb 6, 2024: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
1company, 1 filing
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Summary

Protecting Innovation in Investment Act

Full summary1 paragraphs

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.

Library of Congress summary, Feb 6, 2024

Summary versions
  • Introduced in SenateFeb 6, 2024

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.