SB5643: Protecting U.S. Investors From Chinese Military Companies Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to direct the Securities and Exchange Commission to indefinitely suspend the trading of securities of certain companies, and for other purposes.
Plain-language summary
This bill would direct the Securities and Exchange Commission (SEC), the federal agency that oversees stock markets, to permanently stop trading of stocks and bonds from companies identified as connected to China's military. The bill affects U.S. investors who own or want to buy these securities, and Chinese companies that currently trade on American markets. The bill is currently in the introductory stage and has not yet been assigned to a for review.
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SB5643: Protecting U.S. Investors From Chinese Military Companies Act