PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on International Economic Policy and Trade.
Congressional Research Service
Version 00 · Introduced in House · Jun 15, 1999
U.S. Market Security Act of 1999 - Establishes the Office of National Security within the Securities and Exchange Commission (SEC) to review and monitor securities offerings by foreign governments and by any person or entity believed to be either an agent of, or under the control of, a foreign government. Mandates: (1) quarterly reports to congressional committees regarding the amount of securities offerings by foreign governments; and (2) prompt notification to the SEC of information indicating noncompliance with the securities laws. Requires each Federal banking agency and the Pension Benefit Guaranty Corporation to report annually to certain congressional committee on the number of foreign banks and extent of United States pension fund assets, respectively, that are operating in the United States and that the agency believes to be controlled by a foreign government. Instructs the Secretary of State and the Secretary of the Treasury to: (1) enter into negotiations to conclude agreements with other nations allied with the United States to institute in those nations reporting requirements similar to those imposed by this Act; and (2) report to Congress on the progress of such negotiations.
People & committees
Rep. Bachus, Spencer [R-AL-6] · R–AL
Legislative record
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Referred to the Subcommittee on International Economic Policy and Trade.
Referred to the Subcommittee on Domestic and International Monetary Policy.
Referred to the Subcommittee on Employer-Employee Relations.
Referred to the Subcommittee on Finance and Hazardous Materials.
Referred to the Committee on Commerce, and in addition to the Committees on International Relations, Banking and Financial Services, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Commerce, and in addition to the Committees on International Relations, Banking and Financial Services, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Commerce, and in addition to the Committees on International Relations, Banking and Financial Services, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Commerce, and in addition to the Committees on International Relations, Banking and Financial Services, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Commerce, and in addition to the Committees on International Relations, Banking and Financial Services, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Mar 23, 2026. Consult Congress.gov for the current record.
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