H.R. 3572 · 118th Congress

Securities Clarity Act

Stage
In committee
Sponsor
Tom Emmer
Introduced
2023-05-22
Latest action
2023-05-22 · Introduced in House

Summary

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.