118th Congress · SENATE BILLBILL

S. 152American Financial Markets Integrity and Security Act

A bill to prohibit the trading of the securities of certain Communist Chinese military companies on a national securities exchange, and for other purposes.

Finance and financial sector
Introduced Jan 30, 2023
Last action Jan 30, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jan 30, 2023
Step 2
Referred
Jan 30, 2023
Finance
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill generally prohibits investments in sanctioned entities, certain Chinese military companies, and entities reasonably believed to be involved in activities contrary to the national security or foreign policy interests of the United States. These entities may not sell securities to U.S. markets. Investment companies, insurance companies, and retirement plans are prohibited from investing in these entities. The bill also prohibits the use of federal funds to enter into or renew a contract with these entities. Furthermore, the Department of Commerce and the Office of the Director of National Intelligence—in addition to the Department of Defense as under current law—are allowed to add e...

Provisions · 4 sectionsIntroduced in Senate
Timeline · 2 actions
Jan 30, 2023
Introduced in Senate
Jan 30, 2023
Read twice and referred to the Committee on Finance.