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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,…

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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
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Plain-English summary Congressional Research Service

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 December 16, 2020

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Emmer, Tom
Minnesota · Dec 16, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 8989: 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.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-8989/
MLA
"H.R. 8989: 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.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-8989/.
Bluebook (legal)
H.R. 8989, 116th Cong. (2026), https://openamerica.io/bill/116-HR-8989/.
Markdown link
[H.R. 8989: 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.](https://openamerica.io/bill/116-HR-8989/)
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