S. 3716 · 117th Congress
Tracking Bad Actors Act of 2022
- Stage
- In committee
- Sponsor
- John Kennedy
- Introduced
- 2022-03-01
- Latest action
- 2022-03-01 · Introduced in Senate
Summary
Tracking Bad Actors Act of 2022
This bill requires federal financial regulators to jointly publish a database of persons convicted or held liable in criminal, civil, or administrative actions regarding financial services that are brought by federal financial regulators, the Department of Justice, certain self-regulating organizations, or state or local agencies that voluntarily submit such information.
The Government Accountability Office must report on the database five years after the database is operational.