S 3405
PRC Financial Intermediary Review Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 8:52 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the PRC Financial Intermediary Review Act, directs the Securities and Exchange Commission (SEC) to conduct a comprehensive study of brokers and dealers, as well as investment advisors, that are either based in or controlled by the People’s Republic of China. The study will focus on the transparency and cooperation practices of these financial intermediaries. The SEC is then required to submit a detailed report of its findings to Congress, aiming to assess potential risks and ensure appropriate oversight of these entities operating within the U.S. financial system.
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