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".
Nullifies FinCEN’s anti money laundering and suspicious activity reporting rule 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
undefinedFinance and Financial Sector