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SB2552Introduced in the Senate

PRC Broker-Dealers and Investment Advisers Moratorium Act

IntroducedSenate Banking, Housing, And Urban Affairs

Introduced by David McCormick, District PA

What does this bill do?

Plain-English breakdown

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Official description

A bill to amend the securities laws to prohibit brokers and dealers with certain connections to the People's Republic of China from being members of a national securities association, to prohibit investment advisers with certain connections to the People's Republic of China from registering with the Securities and Exchange Commission, and for other purposes.

Where it stands

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

July 30, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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