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Alleviating Stress Test Burdens to Help Investors Act

USA117th CongressS-5004| Senate 
| Updated: 9/29/2022
Mike Rounds

Mike Rounds

Republican Senator

South Dakota

Cosponsors (1)
Jon Tester (Democratic)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jul 7, 2021

Latest Companion Bill Action

HR 117-3412
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 7, 2021

    Latest Companion Bill Action

    HR 117-3412
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.


  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 117-3412: Alleviating Stress Test Burdens To Help Investors Act

Alleviating Stress Test Burdens to Help Investors Act

USA117th CongressS-5004| Senate 
| Updated: 9/29/2022
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 7, 2021

Latest Companion Bill Action

HR 117-3412
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • July 7, 2021

    Latest Companion Bill Action

    HR 117-3412
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.


  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mike Rounds

Mike Rounds

Republican Senator

South Dakota

Cosponsors (1)
Jon Tester (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 117-3412: Alleviating Stress Test Burdens To Help Investors Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted