To require the Securities and Exchange Commission to conduct a study on the feasibility, benefits, and costs of using a distributed ledger system in the post-trade clearing and settlement process, and for other purposes.
Sponsored By: Representative Lynch, Stephen F. [D-MA-8]
Unknown
Summary
This bill requires the Securities and Exchange Commission to report on the feasibility, benefits, and costs of using a distributed ledger system (such as blockchain technology) in the clearing and settlement process after a securities trade is complete.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Lynch, Stephen F. [D-MA-8]
MA • D
Cosponsors
Rep. Emmer, Tom [R-MN-6]
MN • R
Sponsored 12/16/2020
Roll Call Votes
No roll call votes available for this bill.
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