I 115th CONGRESS 1st Session H. R. 3093 IN THE HOUSE OF REPRESENTATIVES June 28, 2017 Mr. Capuano (for himself, Mr. Stivers , Mr. Meeks , Mr. Foster , and Mr. Gonzalez of Texas ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Volcker Rule to permit certain investment advisers to share a similar name with a private equity fund, subject to certain restrictions, and for other purposes.

1. Short title This Act may be cited as the Investor Clarity and Bank Parity Act . 2. Naming restrictions Section 13 of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1851 ) is amended— (1) in subsection (d)(1)(G)(vi), by inserting before the semicolon the following: , except that the hedge fund or private equity fund may share the same name or a variation of the same name as a banking entity that is an investment adviser to the hedge fund or private equity find, if— (I) such investment adviser is not an insured depository institution, a company that controls an insured depository institution, or a company that is treated as a bank holding company for purposes of section 8 of the International Banking Act of 1978; (II) such investment adviser does not share the same name or a variation of the same name as an insured depository institution, any company that controls an insured depository institution, or any company that is treated as a bank holding company for purposes of section 8 of the International Banking Act of 1978; and (III) such name does not contain the word bank ; and (2) in subsection (h)(5)(C), by inserting before the period the following: , except as permitted under subsection (d)(1)(G)(vi) .