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119-hr-3484Introduced
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Business Owners Protection Act of 2025

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Summary

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This bill repeals three provisions of the Securities Exchange Act of 1934 and the Investment Advisers Act of 1940 that were established under the Dodd-Frank Act. Specifically, it eliminates the SEC's authority to restrict mandatory predispute arbitration agreements, removes SEC authority related to fiduciary duty standards for brokers and investment advisers, and repeals SEC authority to establish standards of conduct for securities professionals. The bill characterizes these authorities as unused.

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Bill details

Congress
119
Bill type
hr
Introduced
May 19, 2025
Sponsor
Andy BarrRKY
Cosponsors
7
Last action
November 4, 2025— Placed on the Union Calendar, Calendar No. 315.

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