TX SB 806

Relating to the creation of a regulatory sandbox program administered by the attorney general for certain financial products and services; authorizing a fee. Date Chamber Action 2019-03-01 Senate Referred to Business & Commerce 2019-03-01 Senate Read first time 2019-02-15 Senate Filed 2019-02-15 Senate Received by the Secretary of the Senate From the Dallas Observer: Paxton's Senate Bill 860 would allow the Texas Attorney General's Office — the same one run by her husband, Ken Paxton — to oversee a new state program that would allow the marketing of certain investments without a license. A Collin County grand jury indicted Ken Paxton for crimes relating to his failure to register as an investment adviser prior to helping market securities in 2015.