AMENDMENTS PROPOSED BY THE HOUSE COMMITTEE ON CORPORATIONS, INSURANCE AND BANKING

1. Page 1, introduced, line 33, after advisor

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or with a federal covered advisor

2. Page 1, introduced, line 34, after Commission.

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When an investment advisor representative begins or terminates a connection with a federal covered advisor, the investment advisor representative shall promptly notify the Commission.

3. Page 1, introduced, line 41, after Commonwealth.

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No investment advisor representative shall be employed by more than one investment advisor or federal covered advisor.

FLOOR AMENDMENT (CANTOR) AGREED TO BY HOUSE OF DELEGATES

1. Page 1, introduced, line 43, after advisor

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except pursuant to such rules or regulations as the Commission shall prescribe