S.Amdt. 3710

SA 3710. Mr. McCORMICK submitted an amendment intended to be proposed
by him to the bill S. 2296, to authorize appropriations for fiscal year
2026 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. ___. STUDY AND REPORT.

Not later than 1 year after the date of the enactment of
this Act, the Securities and Exchange Commission shall--
(1) conduct a study on the transparency of, and cooperation
regarding--
(A) brokers and dealers that are--
(i) members of a national securities association and
registered with the Securities and Exchange Commission; and
(ii) controlled by or organized under the laws of the
People's Republic of China; and
(B) investment advisors that are registered with the
Securities and Exchange Commission and controlled by or
organized under the laws of the People's Republic of China;
and
(2) submit to Congress a report that includes the results
of the study conducted under paragraph (1).
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