Alleviating Stress Test Burdens To Help Investors Act
United States117th CongressHR-3412House of Representatives
Updated: Jul 7, 2021
Summary
Alleviating Stress Test Burdens To Help Investors Act This bill exempts certain financial companies not primarily regulated by either a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests. These stress tests evaluate the ability of companies to absorb losses as a result of adverse economic conditions. However, the Securities and Exchange Commission and the Commodity Futures Trading Commission may require exempted financial companies under their regulatory authority to conduct stress tests.
Bill texts
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Timeline
Latest companion bill action
S-5004: Alleviating Stress Test Burdens to Help Investors ActIntroduced in Senate
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
House of Representatives
Introduced in House
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
House of Representatives
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