Disclosing Investments in Foreign Adversaries Act of 2025
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires loosens a reporting req, compliance mandate, exemption provision: 2, requires loosens a reporting req, compliance mandate, exemption provision: 3, and requires loosens a reporting req, compliance mandate, exemption provision: 13B. It relies on reporting requirements, compliance mandates, and exemptions. The main policy areas are Environment.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Requires loosens a reporting req, compliance mandate, exemption provision: 2.
- Requires loosens a reporting req, compliance mandate, exemption provision: 3.
- Requires loosens a reporting req, compliance mandate, exemption provision: 13B.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill requires loosens a reporting req, compliance mandate, exemption provision: 2, requires loosens a reporting req, compliance mandate, exemption provision: 3, and requires loosens a reporting req, compliance mandate, exemption provision: 13B.
Key Policy Areas
Environment
Primary Purpose
The bill requires loosens a reporting req, compliance mandate, exemption provision: 2, requires loosens a reporting req, compliance mandate, exemption provision: 3, and requires loosens a reporting req, compliance mandate, exemption provision: 13B.
Policy Domains
Sponsors
Rick Scott
R-FL | Primary Sponsor
Legislative Progress
In CommitteeMr. Scott of Florida (for himself and Mr. Fetterman) introduced …
Read twice and referred to the Committee on Banking, Housing, …
Introduced in Senate
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "sec"
- → Securities and Exchange Commission
- "covered_investment_advisers"
- → Investment advisers with at least M in private fund AUM or relying on certain registration exemptions
- "sec"
- → Securities and Exchange Commission
- "issuers"
- → Issuers conducting covered exempted transactions of M+ or M+ aggregate
Key Definitions
Terms defined in this bill
A person determined to be a beneficial owner under section 240.13d-3 of title 17, CFR, or any successor regulation
Has the meaning given the term covered nation in section 4872(f) of title 10, United States Code, plus jurisdictions determined by the Commission (in consultation with Secretary of State and Secretary of the Treasury) to be subject to political and legal control of a covered nation
An asset under management by the investment adviser that is attributable to a private fund
An investment adviser required to register with the Commission that, together with all related persons, has at least ,000,000 in private fund assets under management; or an investment adviser relying on the exemption from registration under subsection (l) or (m) of section 203
An offer or sale of a security exempted under section 4 of the Securities Act of 1933 and structured to comply with Reg D 506(b), Reg S, or Rule 144A
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology