Bill · S. 5642· Senate(119-S-5642)
Know Your Sanctioned Securities Act
- Introduced
- 9/30/2026
- Last activity
- 9/30/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Rick Scott
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill is called the Know Your Sanctioned Securities Act''. It requires the Securities and Exchange Commission to make rules within 180 days. These rules will add a CMC'' modifier to the ticker symbol of securities issued by any company on the Secretary of Defense's list of Chinese military companies. The bill also requires the removal of this modifier if an issuer is removed from that list. This is meant to keep folks informed about the companies we are dealing with.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2: This provision requires adding ``CMC'' to the ticker symbol of securities from issuers on the Secretary of Defense's Chinese military companies list. This is a positive step because it clearly flags these specific securities so everyday people and investors can easily spot them.
Removal of Outdated Modifiers
- Section 2: This provision requires the removal of the ``CMC'' modifier if an issuer is taken off the Secretary of Defense's list. This is helpful because it ensures that stock tickers stay accurate and fair when a company is no longer designated.
Potential Negative Impacts for People
Based on the provided text, there are no specific sections or provisions identified that create negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
No significant interests or groups are affected by this bill.
- 9/30/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
Kevin CramerRepublican · North Dakota