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A bill to require the Securities and Exchange Commission to prevent the Financial Industry Regulatory Authority from enforcing a certain rule of that Authority.

2/9/2022, 12:55 AM

Congressional Summary of S 3558

This bill directs the Securities and Exchange Commission to prevent the Financial Industry Regulatory Authority from enforcing that authority's rule requiring member brokers and dealers to annually inspect their offices for compliance with securities laws and regulations.

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Current Status of Bill S 3558

Bill S 3558 is currently in the status of Bill Introduced since March 21, 2020. Bill S 3558 was introduced during Congress 116 and was introduced to the Senate on March 21, 2020.  Bill S 3558's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 21, 2020

Bipartisan Support of Bill S 3558

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3558

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3558

A bill to require the Securities and Exchange Commission to prevent the Financial Industry Regulatory Authority from enforcing a certain rule of that Authority.
A bill to require the Securities and Exchange Commission to prevent the Financial Industry Regulatory Authority from enforcing a certain rule of that Authority.

Comments

Sponsors and Cosponsors of S 3558

Rand Paul
Rand Paul
KentuckyRepublican

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