Securities Clarity Act
118-HR-3572118th CongressIntroduced May 22, 2023Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Financial Services.
Sponsor
Rep. Emmer, Tom [R-MN-6](R-MN-6)1 cosponsor
Summary
Securities Clarity Act
This bill excludes an investment contract asset as being considered a security, including for disclosure and registration purposes. An investment contract asset as defined by the bill is a tangible or intangible asset, including a digital asset, sold pursuant to an investment contract that is not otherwise considered a security.
Actions (3)
Referred to the House Committee on Financial Services.
May 22, 2023House floor actions
Introduced in House
May 22, 2023Library of Congress
Introduced in House
May 22, 2023Library of Congress