A bill to direct the Securities and Exchange Commission to indefinitely suspend the trading of securities of certain companies, and for other purposes.
Latest action (30 Sep 2026): Introduced
What this bill does
This bill, S. 5643, introduced by Senator Rick Scott, proposes directing the Securities and Exchange Commission (SEC) to indefinitely suspend the trading of securities for certain companies. The specific companies affected and the criteria for this suspension are not detailed in the information available, as the full text of the bill has not yet been published.
The legislation's stated purpose is to mandate a permanent halt to the trading of stocks and other securities belonging to these unspecified companies. As a result, investors would no longer be able to buy or sell these securities on public markets. The broader impact on the financial markets and specific industries is not outlined at this stage.
The bill is currently at the very beginning of the legislative process, having just been introduced in the Senate on September 30, 2026. For S. 5643 to become law, it would need to pass both the Senate and the House of Representatives in identical form and then be signed by the President. The next steps would typically involve committee review and potential amendments in the Senate.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
This bill is in the first stage of the legislative process. It was introduced into Congress on September 30, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Common questions
- What does S. 5643 do?
- This bill, S. 5643, introduced by Senator Rick Scott, proposes directing the Securities and Exchange Commission (SEC) to indefinitely suspend the trading of securities for certain companies. The specific companies affected and the criteria for this suspension are not detailed in the information available, as the full text of the bill has not yet been published. The legislation's stated purpose is to mandate a permanent halt to the trading of stocks and other securities belonging to these unspecified companies. As a result, investors would no longer be able to buy or sell these securities on public markets. The broader impact on the financial markets and specific industries is not outlined at this stage. The bill is currently at the very beginning of the legislative process, having just been introduced in the Senate on September 30, 2026. For S. 5643 to become law, it would need to pass both the Senate and the House of Representatives in identical form and then be signed by the President. The next steps would typically involve committee review and potential amendments in the Senate.
- Has S. 5643 become law?
- Not yet. As of 30 Sep 2026, S. 5643 is introduced.
- Who sponsored S. 5643?
- S. 5643 was sponsored by Sen. Rick Scott [R-FL] (Republican-FL), with 0 cosponsors.
- What's the latest action on S. 5643?
- Introduced (30 Sep 2026).
Bill100 mirrors the public U.S. legislative record from Congress.gov and GovTrack and adds plain-English AI summaries. It is an information tool, not legal, compliance or lobbying advice, and it is not affiliated with the U.S. Congress or any government agency. AI summaries can simplify or omit detail — every bill links to the official source; verify there before you rely on it.