A bill to ensure the fairness, transparency, and consistency of disqualifying provisions administered by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes.
Sponsor
Full profile: /officials/J000312
Source: Congress.gov · FEC
Cosponsors (0)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2026-07-27
Source: Congress.gov
Committee Activity
Currently in
- Senate Committee on Banking, Housing, and Urban AffairsReferred To · 2026-07-27
Plain-English Summary
The bill would require the Commodity Futures Trading Commission and the Securities and Exchange Commission to apply their rules for disqualifying people from working in financial markets in a fair, transparent, and consistent way. These agencies currently have different standards for when they can ban someone from the industry, which can create confusion and unfair outcomes for financial professionals and firms. The legislation aims to make sure both agencies follow similar guidelines and explain their decisions clearly.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
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