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S. 5642·FederalIn CommitteeTaxation

Know Your Sanctioned Securities Act

Sponsored by Sen. Scott, Rick [R-FL] (R-FL)Introduced September 30, 2026Read full text ↗

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 5642 Introduced in Senate (IS)]

<DOC>

119th CONGRESS 2d Session S. 5642

To require the addition of a ticker symbol modifier to securities issued by Chinese military companies, and for other purposes.

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IN THE SENATE OF THE UNITED STATES

September 30, 2026

Mr. Scott of Florida (for himself and Mr. Cramer) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

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A BILL

To require the addition of a ticker symbol modifier to securities issued by Chinese military companies, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Know Your Sanctioned Securities Act''.

SEC. 2. REQUIREMENT TO ADD TICKER SYMBOL MODIFIER TO CHINESE MILITARY COMPANIES.

Not later than 180 days after the date of enactment of this Act, the Securities and Exchange Commission shall promulgate rules to require the-- (1) addition of ``CMC'' to the ticker symbol of the securities of any issuer that has been designated on the list published by the Secretary of Defense pursuant to section 1260H of the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021 (10 U.S.C. 113 note; Public Law 116-283); and (2) the removal of the modifier described in paragraph (1) for any issuer that has been removed from the list described in that paragraph. <all>

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