HJRES. 56In Committee
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers".
Plain-English overview
What this bill does
Nullifies FinCEN’s anti money laundering and suspicious activity reporting rule for registered investment advisers and exempt reporting advisers
Key points
- Repeal FinCEN adviser reporting rule
Current status
Where it stands
Status
In Committee
Latest action
2025-02-12 — Referred to the House Committee on Financial Services.
Related context
Topics and policy areas
Select a topic to continue exploring related legislation, members, and committees.
Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.