To require the Securities and Exchange Commission to conduct a study on the feasibility, benefits, and costs of using a distributed ledger system in the post-trade clearing and settlement process, and for other purposes.
USA116th CongressHR-8989| House
| Updated: 12/16/2020
Stephen F. Lynch
Democratic Representative
Massachusetts
Cosponsors (1)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill requires the Securities and Exchange Commission to report on the feasibility, benefits, and costs of using a distributed ledger system (such as blockchain technology) in the clearing and settlement process after a securities trade is complete.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Accounting and auditingAdvanced technology and technological innovationsBanking and financial institutions regulationComputers and information technologyCongressional oversightGovernment information and archivesGovernment studies and investigations
To require the Securities and Exchange Commission to conduct a study on the feasibility, benefits, and costs of using a distributed ledger system in the post-trade clearing and settlement process, and for other purposes.
USA116th CongressHR-8989| House
| Updated: 12/16/2020
This bill requires the Securities and Exchange Commission to report on the feasibility, benefits, and costs of using a distributed ledger system (such as blockchain technology) in the clearing and settlement process after a securities trade is complete.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Stephen F. Lynch
Democratic Representative
Massachusetts
Cosponsors (1)
Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Accounting and auditingAdvanced technology and technological innovationsBanking and financial institutions regulationComputers and information technologyCongressional oversightGovernment information and archivesGovernment studies and investigations