HR 8378
116th Congress
House
Finance and Financial Sector
Banking and financial institutions regulation
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
Securities Clarity Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2020
Referred to the House Committee on Financial Services.
Sep 24, 2020
Introduced in House
Plain-English summary
Securities Clarity Act
This bill excludes an investment contract asset as being considered a security, including for disclosure and registration purposes. An investment contract asset as defined by the bill is a tangible or intangible asset sold pursuant to an investment contract that is not otherwise considered a security.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1