,,ii  #aaith ,,congress  #b;d ,session  
,s4 #chhj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,february #ab1 
#bjbf,mr4 ,rounds 7for himself and ,mr4 
,gallego7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs  ,a ,,bill  ,to     
amend the ,investment ,advisers ,act of 
#aidj to address the exemption of1 and  
reporting by1 certain private fund      
advisers1 and for other purposes4  #a4  
,short title ,this ,act may be cited as 
the ,small ,business ,investor ,capital 
,access ,act4  #b4 ,small business      
investor capital access ,section #bjc7m7
 of the ,investment ,advisers ,act of   
#aidj 7#ae ,u4,s4,c4 #hj;b-#c7m77 is    
amended-- 7#a7 in paragraph 7#a71 by    
striking #aej1jjj1jjj and inserting     
#age1jjj1jjj2 and  7#b7 by adding at the
 end the following3  7#e7 ,inflation    
adjustment ,the ,commission shall1 every
 #e years1 adjust the dollar amount     
under paragraph 7#a7 to reflect the     

change in the ,consumer ,price ,index   
for ,all ,urban ,consumers published by 
the ,bureau of ,labor ,statistics of the
 ,department of ,labor1 setting the     
threshold to the nearest multiple of    
#a1jjj1jjj4  4