This legislation amends the Securities Exchange Act of 1934 to mandate increased transparency from issuers regarding their supply chain connections and activities within the Xinjiang Uyghur Autonomous Region (XUAR) . It requires the Securities and Exchange Commission (SEC) to establish rules for both the registration of securities and ongoing annual reporting. The core purpose is to compel companies to disclose any direct or indirect links to forced labor or goods sourced from the XUAR. For securities registration, the SEC must require issuers to submit documentation detailing whether their supply or production chain includes goods from the XUAR or those made with forced labor. This documentation must list the names, addresses, and sourcing quantities from each relevant facility, such as smelters or manufacturing plants. Crucially, this information must undergo independent verification by a Commission-approved third-party auditor and be made publicly available by the SEC. Non-compliant issuers face significant penalties, including the denial of their application and a one-year ban on re-filing. Separately, the bill mandates that issuers filing annual reports or proxy statements disclose their engagement with entities using XUAR-sourced or forced labor goods. These disclosures must detail the nature and extent of commercial activity, gross revenue, net profits, and alternative sourcing options. Companies must also describe their due diligence measures and any involvement in surveillance technologies that facilitate human rights abuses. All information disclosed under these provisions will be made publicly accessible on the SEC's website. The term "forced labor" is broadly defined to include labor carried out by oppressed ethnic groups in China under State-sponsored programs, or any labor in the XUAR unless explicitly cleared by U.S. authorities. These new requirements are temporary, set to be repealed after eight years or if the President certifies that China has ended mass internment and forced labor in the XUAR. Both the SEC and the Government Accountability Office (GAO) are tasked with annually assessing compliance and the effectiveness of oversight.