Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, announced the victories that the Committee successfully secured in the Fiscal Year 2023 Omnibus Appropriations bill —legislation that provides $1.7 trillion to fund the Federal Government. The legislation includes several priorities of Democratic members of the Financial Services Committee that Congresswoman Waters championed as Chairwoman of the Committee. In addition, the bill provides several funding increases towards what the Chairwoman and Democrats on the Committee included in the House-passed Build Back Better Act.

Division AA Financial Services Matters

• Title I—Registration for Index-Linked Annuities Act - This provision requires the SEC to establish a tailored form for registering the offering of index-linked annuities. This provision is based on H.R. 4865, sponsored by Representative Alma Adams (D-NC).
  
  
• Title II—Masih Alinejad HUNT Act of 2022 - This provision creates an annual reporting requirement to assess the state of human rights inside Iran and authorizes mandatory sanctions on Iranian officials responsible for targeting dissidents and human rights advocates. This bill is based on S. 3347, sponsored by Senator Pat Toomey (R-PA).
  
  
• Title III—Trading prohibitions - This provision amends the current trading prohibition for certain issuers that retain accounting firms that have not been inspected by PCAOB by shortening the number of permitted years of...

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