S. 3405 Introduced Finance and Financial Sector

PRC Financial Intermediary Review Act

A bill to require the Securities and Exchange Commission to conduct a study regarding certain brokers and dealers that are controlled by or organized under the laws of the People's Republic of China, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. McCormick, David [R-PA] Introduced December 9, 2025 Cosponsors 1 (1 D) Latest action December 9, 2025

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Dec 9, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Dec 9, 2025 Introduced in Senate

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