HR 9028·Federal·house
PRC Broker-Dealers and Investment Advisers Moratorium Act
In CommitteeFiled May 26, 2026
Sponsor: Rep. Lawler, Michael [R-NY-17] (R)
Latest Action
Referred to the House Committee on Financial Services.
May 26, 2026
Summary
The bill would stop any broker, dealer, or investment adviser that is owned, controlled, or serviced by the People’s Republic of China from registering with the Securities and Exchange Commission. The ban would last five years after the law takes effect and then expire. It is intended to limit Chinese influence in U.S. securities markets.
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