119-s-5642119th CongressWALLET

Know Your Sanctioned Securities Act

Sponsored By: Senator Scott, Rick [R-FL]

Introduced

Summary

Requires a clear "CMC" ticker tag for securities of Chinese military-linked companies. This bill would direct the Securities and Exchange Commission to adopt rules within 180 days to add the modifier "CMC" to the ticker of any issuer on the Department of Defense list of Chinese military companies and to remove it if the issuer is taken off that list.

Show full summary
  • Investors: Creates a standardized visual cue so investors and trading platforms can more easily identify securities tied to Chinese military companies.
  • Issuers: Companies designated on the DoD 1260H list would carry the "CMC" label on their traded securities, increasing public visibility and distinguishing them from other issuers.
  • SEC and markets: Places a 180-day rulemaking deadline on the SEC to implement adding and removing the modifier and ties the requirement explicitly to the DoD list in section 1260H of the NDAA 2021.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

New CMC ticker labels for investors

If enacted, the bill would require the SEC to make rules within 180 days after enactment. Those rules would add 'CMC' to ticker symbols for issuers on the DoD list of Chinese military companies. The rules would also require removing 'CMC' if an issuer is taken off that DoD list. This would create a clear market label to help investors identify such securities.

Sponsors & CoSponsors

Sponsor

Scott, Rick [R-FL]

FL • R

Cosponsors

  • Sen. Cramer, Kevin [R-ND]

    ND • R

    Sponsored 9/30/2026

Roll Call Votes

No roll call votes available for this bill.

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