Summary: H.R.8378 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.8378. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/24/2020)

Securities Clarity Act

This bill excludes an investment contract asset as being considered a security, including for disclosure and registration purposes. An investment contract asset as defined by the bill is a tangible or intangible asset sold pursuant to an investment contract that is not otherwise considered a security.