S 3405 · 119th Congress

PRC Financial Intermediary Review Act

This bill asks the Securities and Exchange Commission (SEC) to study Chinese-controlled financial companies operating in the United States. Specifically, the SEC needs to look at stock brokers and dealers that are registered with them but controlled by or organized under Chinese law, as well as investment advisers i…

Sponsor

McCormick, David (R-Pennsylvania)

Introduced

2025-12-09

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.