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American Financial Markets Integrity and Security Act

USA118th CongressS-152| Senate 
| Updated: 1/30/2023
Marco Rubio

Marco Rubio

Republican Senator

Florida

Cosponsors (2)
Mike Braun (Republican)Todd Young (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
American Financial Markets Integrity and Security Act This bill generally prohibits investments in sanctioned entities, certain Chinese military companies, and entities reasonably believed to be involved in activities contrary to the national security or foreign policy interests of the United States. These entities may not sell securities to U.S. markets. Investment companies, insurance companies, and retirement plans are prohibited from investing in these entities. The bill also prohibits the use of federal funds to enter into or renew a contract with these entities. Furthermore, the Department of Commerce and the Office of the Director of National Intelligence—in addition to the Department of Defense as under current law—are allowed to add entities to the list of Chinese military companies. Additionally, the Office of Commercial and Economic Analysis of the Air Force must (1) report on the strategic importance to the Chinese government of inflows of U.S. dollars to China through capital markets, and (2) make recommendations to mitigate any related national security and economic risks.
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Timeline

Bill from Previous Congress

S 116-4872
American Financial Markets Integrity and Security Act

Bill from Previous Congress

S 117-570
American Financial Markets Integrity and Security Act
Jan 30, 2023
Introduced in Senate
Jan 30, 2023
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 116-4872
    American Financial Markets Integrity and Security Act


  • Bill from Previous Congress

    S 117-570
    American Financial Markets Integrity and Security Act


  • January 30, 2023
    Introduced in Senate


  • January 30, 2023
    Read twice and referred to the Committee on Finance.

Finance and Financial Sector

American Financial Markets Integrity and Security Act

USA118th CongressS-152| Senate 
| Updated: 1/30/2023
American Financial Markets Integrity and Security Act This bill generally prohibits investments in sanctioned entities, certain Chinese military companies, and entities reasonably believed to be involved in activities contrary to the national security or foreign policy interests of the United States. These entities may not sell securities to U.S. markets. Investment companies, insurance companies, and retirement plans are prohibited from investing in these entities. The bill also prohibits the use of federal funds to enter into or renew a contract with these entities. Furthermore, the Department of Commerce and the Office of the Director of National Intelligence—in addition to the Department of Defense as under current law—are allowed to add entities to the list of Chinese military companies. Additionally, the Office of Commercial and Economic Analysis of the Air Force must (1) report on the strategic importance to the Chinese government of inflows of U.S. dollars to China through capital markets, and (2) make recommendations to mitigate any related national security and economic risks.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 116-4872
American Financial Markets Integrity and Security Act

Bill from Previous Congress

S 117-570
American Financial Markets Integrity and Security Act
Jan 30, 2023
Introduced in Senate
Jan 30, 2023
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 116-4872
    American Financial Markets Integrity and Security Act


  • Bill from Previous Congress

    S 117-570
    American Financial Markets Integrity and Security Act


  • January 30, 2023
    Introduced in Senate


  • January 30, 2023
    Read twice and referred to the Committee on Finance.
Marco Rubio

Marco Rubio

Republican Senator

Florida

Cosponsors (2)
Mike Braun (Republican)Todd Young (Republican)

Finance Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted