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HOUSE 3572118th CongressReferred to the House Committee on Financial Services.

Securities Clarity Act

Last Action
5/22/2023

Actions

  • 2023-05-22Referred to the House Committee on Financial Services.
  • 2023-05-22Introduced in House
  • 2023-05-22Introduced in House

CRS Summary

As of 2023-05-22 (00)

Securities Clarity Act

This bill excludes an investment contract asset as being considered a security, including for disclosure and registration purposes. An investment contract asset as defined by the bill is a tangible or intangible asset, including a digital asset, sold pursuant to an investment contract that is not otherwise considered a security.

Cosponsors (1)

  • Darren Soto (D-FL)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.