American Financial Markets Integrity and Security Act

Summary

American Financial Markets Integrity and Security Act This bill generally prohibits investments in certain Chinese military companies and entities reasonably believed to be involved in activities contrary to the national security or foreign policy interests of the United States. These entities may not sell securities to U.S. markets. Investment companies, insurance companies, and retirement plans are prohibited from investing in these entities. The bill also prohibits the use of federal funds to enter into or renew a contract with these entities. Furthermore, the Department of Commerce and the Office of the Director of National Intelligence—in addition to the Department of Defense as under current law—are allowed to add entities to the list of Chinese military companies.

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Timeline

1. 26 October 2020

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 26 October 2020

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 26 October 2020 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 26 October 2020

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 26 October 2020

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 26 October 2020

  Open at official source

Sponsors

• Sen. Rubio, Marco [R-FL] · R · Sponsor
• Sen. Braun, Mike [R-IN] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → American Financial Markets Integrity and Security Act
• related to ← American Financial Markets Integrity and Security Act