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.

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 December 2020

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 16 December 2020

   Introduced

   Introduced in House

   Source: IntroReferral

3. 16 December 2020

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 16 December 2020 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 December 2020

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 December 2020

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 December 2020

  Open at official source

Sponsors

• Rep. Lynch, Stephen F. [D-MA-8] · D · Sponsor
• Tom Emmer · R · Sponsor
• · hsba00 · Standing

Related records

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