The Risk Disclosure and Investor Attestation Act is a federal bill designed to enhance investor protection by requiring investment advisors to provide clients with detailed risk disclosures regarding their investments. The bill mandates that investors acknowledge and attest to having received and understood these risk disclosures before making investment decisions. This legislation aims to promote transparency in the financial sector, empower investors to make more informed choices, and mitigate potential risks associated with investments.
2023-03-14: Introduced in House
2023-03-14: Referred to the House Committee on Financial Services.
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