HR 8989
116th Congress
House
Finance and Financial Sector
Accounting and auditing
Advanced technology and technological innovations
Banking and financial institutions regulation
Computers and information technology
Congressional oversight
Government information and archives
Government studies and investigations
To require the Securities and Exchange Commission to conduct a study on the feasibility, benefits, and costs of using a distributed ledger system in the post-trade clearing and settlement process, and for other purposes.
Introduced: December 16, 2020
Introduced by:
Lynch, Stephen F.
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 16, 2020
Referred to the House Committee on Financial Services.
Dec 16, 2020
Introduced in House
Plain-English summary
This bill requires the Securities and Exchange Commission to report on the feasibility, benefits, and costs of using a distributed ledger system (such as blockchain technology) in the clearing and settlement process after a securities trade is complete.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1
Cosponsors
1