File Code: Corporations and Associations
- Sponsored By:
-
Delegates Barve and Kach
- Entitled:
-
Maryland Securities Act - Broker-Dealers and Agents - Fiduciary Duty
Providing that a broker-dealer is a fiduciary and has a duty to act
primarily for the benefit of its clients; prohibiting a broker-dealer
from engaging in dishonest or unethical practices; providing that an
agent is a fiduciary and has a duty to act primarily for the benefit
of its clients; prohibiting an agent from engaging in dishonest or
unethical practices; etc.
House Action
- 2/13
- First Reading Economic Matters
- 2/25
- Hearing 3/10 at 1:00 p.m.
Senate Action
- No Action
- Sponsored by:
- Delegate Kumar P. Barve, District 17
- Delegate Wade Kach, District 5B
- Bill indexed under the following Subjects:
- AGENTS AND BROKERS
- ETHICS
- FIDUCIARIES
- REGISTRATION -see also- MOTOR VEHICLE REGISTRATION
- SECURITIES
- Bill affects the following Statutes:
- Corporations and Associations
- (
11-305 ,
11-306 ,
11-412
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
