,,ii  #aah? ,,congress  #b;d ,session   
,s4 #deij  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #ah1 #bjbd,mr4   
,scott ( ,florida 7= himself1 ,mrs4     
,blackburn1 & ,mr4 ,rubio7 introduc$ !  
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,bank+1 ,h\s+1 &     
,urban ,affairs  ,a ,,bill  ,to am5d !  
,securities ,ex*ange ,act ( #aicd to    
prohibit national securities ex*anges f 
li/+ securities issu$ by c]ta9 entities1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,timely ,rejection
 ( ,adv]s>ial & ,dang]\s ,ent]prises &  
,secur+ ,am]ican ,f9ancial ,ex*anges    
,act or ! ,,trade ,,safe ,act4  #b4     
,national securities ex*anges  7a7 ,9   
g5]al ,section #f7;b7 ( ! ,securities   
,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4    
#gh;f7b77 is am5d$ by add+ at ! end !   
foll[+3  7#aa7 7,a7 ,! rules ( ! ex*ange
 prohibit ! li/+ ( any security issu$ by
 any ( ! foll[+3 7i7 ,an issu] t-- 7,i7 
is 7or1 at any "t dur+ ! mo/ rec5t      
#c-ye> p]iod1 has be57 includ$ on-- 7aa7

 a li/ requir$ "u clause 7i71 7ii71     
7iv71 or 7v7 ( section #b7;d77#b77;,b7 (
 ! ,act entitl$ ,an ,act to ensure t    
goods made ) =c$ labor 9 ! ,x9jiang     
,autonom\s ,region ( ! ,p's ,republic ( 
,*9a d n ent] ! ,unit$ ,/ates m>ket1 & =
 o!r purposes1 approv$ ,decemb] #bc1    
#bjba 7,public ,law #aag-gh2 #ace ,/at4 
#aebg7 7commonly ref]r$ to z ! ,uyghur  
,=c$ ,labor ,prev5tion ,act72  7bb7 !   
li/ ( entities id5tifi$ by ! ,secret>y (
 ,def5se "u section #abfj;,h7a7 ( !     
,william ,m4 7,mac7 ,?ornb]ry ,national 
,def5se ,au?orization ,act = ,fiscal    
,ye> #bjba 7,public ,law #aaf-bhc2 #aj  
,u4,s4,c4 #aac note7 z ,*9ese milit>y   
companies op]at+ directly or indirectly 
9 ! ,unit$ ,/ates2 or  7cc7 !           
,consolidat$ ,scre5+ ,li/ ( ! ,f$]al    
,gov]nm5t2  7,,ii7 produces or provides 
7or1 at any "t dur+ ! mo/ rec5t #c-ye>  
p]iod1 has produc$ or provid$7 cov]$    
communications equipm5t or s]vices1 z   
def9$ 9 section #i ( ! ,secure & ,tru/$ 
,communications ,networks ,act ( #bjai  

7#dg ,u4,s4,c4 #afjh72 or  7,,iii7 at   
any "t dur+ ! mo/ rec5t #c-ye> p]iod1 ! 
,commission has id5tifi$ "u section     
#ajd7;i77#b77;,a7 ( ! ,s>banes-,oxley   
,act ( #bjjb 7#ae ,u4,s4,c4             
#gbad7;i77#b77;,a774  7ii7 ,a subsidi>y1
 affiliat$ hold+ company1 contract      
affiliate1 or consolidat$ v>iable int]e/
 entity ( an issu] describ$ 9 clause    
7i74  7,b7 ,subp>agraph 7,a7 %all n     
apply ) respect to a security t is li/$ 
on an ex*ange1 z ( ! day be=e !         
effective date ( ?is p>agraph4  4  7b7  
,effective date ,! am5dm5t made by      
subsection 7a7 %all take effect on !    
date t is #ahj days aft] ! date (       
enactm5t ( ?is ,act4  7c7 ,/udy & report
  7#a7 ,def9itions ,9 ?is subsection3   
7,a7 ,commission ,! t]m ,commission     
means ! ,securities & ,ex*ange          
,commission4  7,b7 ,cov]$ issu] ,! t]m  
cov]$ issu] means an entity describ$ 9  
clause 7i7 or 7ii7 ( p>agraph 7#aa77;,a7
 ( section #f7;b7 ( ! ,securities       
,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4    

#gh;f7b771 z add$ by subsection 7a7 (   
?is section4  7,c7 ,ex*ange2 security ,!
 t]ms ex*ange & security h ! mean+s giv5
 ^? t]ms 9 section #c7;a7 ( !           
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #gh;c7a774  7,d7 ,national    
securities ex*ange ,! t]m national      
securities ex*ange means an ex*ange     
regi/]$ 9 accordance ) section #f ( !   
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #gh;f71 z 9 effect on ! day   
be=e ! date ( enactm5t ( ?is ,act4  7#b7
 ,/udy ,! ,commission %all conduct a    
/udy reg>d+ :i* cov]$ issu]s h          
securities li/$ on national securities  
ex*anges1 z ( ! day be=e ! date (       
enactm5t ( ?is ,act4  7#c7 ,report ,n   
lat] ?an #ahj days aft] ! date (        
enactm5t ( ?is ,act1 ! ,commission %all 
submit to ,congress1 ! ,committee on    
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate1 ! ,committee on ,f9ancial       
,s]vices ( ! ,h\se ( ,repres5tatives1 & 
! ,committee on ,ov]sight &             
,acc\ntability ( ! ,h\se (              

,repres5tatives1 & %all make publicly   
available1 a report t conta9s ! results 
( ! /udy conduct$ "u p>agraph 7#b74  #c4
 ,congressional notification ,!         
,presid5t %all notify ,congress n lat]  
?an #ae days be=e-- 7#a7 an entity is   
remov$ f a li/ describ$ 9 item 7aa71    
7bb71 or 7cc7 ( p>agraph                
7#aa77;,a77i77,i7 ( section #f7;b7 ( !  
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #gh;f7b771 z add$ by section  
#b ( ?is ,act2  7#b7 ! ,f$]al           
,communications ,commission removes any 
cov]$ communications equipm5t or s]vices
 f ! li/ publi%$ by ! ,commission       
pursuant to section #b7;a7 ( ! ,secure &
 ,tru/$ ,communications ,networks ,act (
 #bjai 7#dg ,u4,s4,c4 #afja7;a772 or    
7#c7 ! ,securities & ,ex*ange           
,commission det]m9es t a cov]$ issu] t !
 ,commission _h previ\sly id5tifi$ "u   
section #ajd7;i77#b77;,a7 ( !           
,s>banes-,oxley ,act ( #bjjb 7#ae       
,u4,s4,c4 #gbad7;i77#b77;,a77 is no     
long] describ$ 9 su* section            

#ajd7;i77#b77;,a74