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Responsible Self-Regulation Act of 2022
3/13/2024, 6:48 AM
Congressional Summary of S 5286
Responsible Self-Regulation Act of 2022
This bill provides for the registration of an association of digital asset intermediaries with the Securities and Exchange Commission and the Commodity Futures Trading Commission. Upon the written request of a member of the association, a registered digital asset association is allowed to make an initial determination of the legal character of a digital asset, including as a security, an ancillary asset, or a commodity.
Read the Full Bill
Current Status of Bill S 5286
Bill S 5286 is currently in the status of Bill Introduced since December 15, 2022. Bill S 5286 was introduced during Congress 117 and was introduced to the Senate on December 15, 2022. Bill S 5286's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of December 15, 2022
Bipartisan Support of Bill S 5286
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 5286
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 5286
Responsible Self-Regulation Act of 2022
Responsible Self-Regulation Act of 2022
A bill to provide for the strengthening of the supervision of digital asset markets by self-regulatory organizations, and for other purposes.
Comments
Sponsors and Cosponsors of S 5286
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