H.R. 3412 · 117th Congress
Alleviating Stress Test Burdens To Help Investors Act
- Stage
- In committee
- Sponsor
- Barry Loudermilk
- Introduced
- 2021-05-20
- Latest action
- 2021-07-07 · Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Summary
Alleviating Stress Test Burdens To Help Investors Act
This bill exempts certain financial companies not primarily regulated by either a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests. These stress tests evaluate the ability of companies to absorb losses as a result of adverse economic conditions.
However, the Securities and Exchange Commission and the Commodity Futures Trading Commission may require exempted financial companies under their regulatory authority to conduct stress tests.