Bill116th CongressFiled Dec 16, 2020Finance and Financial Sector
H.R. 8989
To require the Securities and Exchange Commission to conduct a study on the feasibility, benefits, and costs of using a distributed ledger system in the post-trade clearing and settlement process, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in house (Dec 16, 2020)
This bill requires the Securities and Exchange Commission to report on the feasibility, benefits, and costs of using a distributed ledger system (such as blockchain technology) in the clearing and settlement process after a securities trade is complete.
What just happenedDec 16, 2020
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Lynch, Stephen F. [D-MA-8](D-MA)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions7subjects
- Introduced in HouseDec 16, 2020
- Dec 16, 2020IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Dec 16, 2020IntroReferralIntro-H
Introduced in House
- Dec 16, 2020IntroReferral1000
Introduced in House