HR 2951
To direct the Secretary of the Treasury to modify Treasury Regulations relating to insurance-dedicated exchange-traded funds.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill directs the Secretary of the Treasury to update regulations concerning insurance-dedicated exchange-traded funds (ETFs). Specifically, it aims to allow these ETFs to be used as investment options within variable annuity contracts, while addressing concerns about authorized participants and market makers. The changes would clarify definitions and ensure that these funds can be readily traded and accessed by qualified investors.
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Primary sponsor
Brad R. Wenstrup
Cosponsor
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