H.J.Res. 56

119th Congress

In 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".

Sponsored byRepublican:Rep. Clyde, Andrew S. [R-GA-9]GA· Introduced 12 February 2025

0

Cosponsors

3

Actions

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Amendments

0

Committees

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Referred to the House Committee on Financial Services.

12 February 2025·1 year ago

Summary

Introduced in House · Updated 29 September 2025

This joint resolution nullifies the final rule issued by the Financial Crimes Enforcement Network (FinCEN) titled Anti-Money Laundering/Countering the Financing of Terrorism Program and Suspicious Activity Report Filing Requirements for Registered Investment Advisers and Exempt Reporting Advisers and published on September 4, 2024. The rule expands existing anti-money laundering and counterterror financing requirements (e.g., reporting suspicious financial activity to FinCEN) to include certain investment advisers.

Timeline

3 actions

  1. Referred to the House Committee on Financial Services.

    12 February 2025 · IntroReferral

  2. Introduced in House

    12 February 2025 · IntroReferral

  3. Introduced in House

    12 February 2025 · IntroReferral

Sponsorship

0 cosponsors

Sponsor

Republican:Rep. Clyde, Andrew S. [R-GA-9]GA

Classification

Policy area

Finance and Financial Sector
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