The GUARD Act
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Table of Contents
The House Committee on Financial Services has reported an amended version of the GUARD Act. This bill proposes changes to how certain financial oversight and regulatory functions are handled.
Why it matters: This is a legislative step in the process of changing financial regulations. It matters only if the bill eventually passes both houses and is signed into law; currently, it is just one of many proposals moving through the committee system.
Who it affects
- Financial institutions subject to federal oversight
This information comes from Congress.gov regarding a House Committee report; readers should consult the full text of H. Rept. 119-709 for specific technical details before relying on it.
Agency: House
Source: Congress.gov — read the official document