Protecting National Security in Financial Investments Act
USA116th CongressHR-8407| House
| Updated: 9/29/2020
Guy Reschenthaler
Republican Representative
Pennsylvania
Cosponsors (8)
Foreign Affairs Committee, Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Protecting National Security in Financial Investments Act This bill requires the Securities and Exchange Commission to determine whether issuers of securities must disclose investments in certain persons reasonably believed to be involved, or to pose a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States. The Department of State must annually submit to Congress a list of Chinese entities associated with specified military activities.
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Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Finance and Financial Sector
Administrative law and regulatory proceduresAsiaChinaCongressional oversightFinancial services and investmentsForeign and international corporationsGovernment information and archivesGovernment studies and investigationsHigher educationMilitary procurement, research, weapons developmentResearch administration and fundingResearch and developmentSecuritiesSecurities and Exchange Commission (SEC)Trade restrictionsU.S. and foreign investments
Protecting National Security in Financial Investments Act
USA116th CongressHR-8407| House
| Updated: 9/29/2020
Protecting National Security in Financial Investments Act This bill requires the Securities and Exchange Commission to determine whether issuers of securities must disclose investments in certain persons reasonably believed to be involved, or to pose a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States. The Department of State must annually submit to Congress a list of Chinese entities associated with specified military activities.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Guy Reschenthaler
Republican Representative
Pennsylvania
Cosponsors (8)
Foreign Affairs Committee, Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresAsiaChinaCongressional oversightFinancial services and investmentsForeign and international corporationsGovernment information and archivesGovernment studies and investigationsHigher educationMilitary procurement, research, weapons developmentResearch administration and fundingResearch and developmentSecuritiesSecurities and Exchange Commission (SEC)Trade restrictionsU.S. and foreign investments