Broker-Dealer Tokenization Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10561 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10561 To codify the special purpose broker dealer, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 27, 2024 Mr. Davidson introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To codify the special purpose broker dealer, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Broker-Dealer Tokenization Act''. SEC. 2. REGISTRATION AND REGULATION OF APPROVED BROKERS AND DEALERS FOR QUALIFIED TOKENIZED SECURITIES. (a) In General.--The Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) is amended by inserting after section 15G the following: ``SEC. 15H. REGISTRATION AND REGULATION OF APPROVED BROKERS AND DEALERS FOR QUALIFIED TOKENIZED SECURITIES. ``(a) Registration.-- ``(1) In general.--A…