Tracking Bad Actors Act of 2022

Senate Bill 3716 - Tracking Bad Actors Act of 2022: Overview, Status, and Impact

Hozzl · 2022-12-29T22:18:20Z

Explore the details of Senate Bill 3716 Tracking Bad Actors Act of 2022 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

12/29/2022, 10:18 PM

Congressional Summary of S 3716

Tracking Bad Actors Act of 2022

This bill requires federal financial regulators to jointly publish a database of persons convicted or held liable in criminal, civil, or administrative actions regarding financial services that are brought by federal financial regulators, the Department of Justice, certain self-regulating organizations, or state or local agencies that voluntarily submit such information.

The Government Accountability Office must report on the database five years after the database is operational.

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Current Status of Bill S 3716

Bill S 3716 is currently in the status of Bill Introduced since March 1, 2022. Bill S 3716 was introduced during Congress 117 and was introduced to the Senate on March 1, 2022. Bill S 3716's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 1, 2022