118th Congress Finance and Financial Sector
S. 1357: Responsible Digital Asset Advertising Act of 2023
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill sets forth requirements for the advertising of digital assets. Advertisements must not make any false or misleading claims or omit any material fact or qualification. Advertisements must also disclose applicable fees and whether someone was paid for a testimonial.
The Securities and Exchange Commission and the Commodity Futures Trading Commission must enforce this bill and may collect fees to offset the cost of supervising these advertisements.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Cynthia Lummis R-WYOriginal
Who scored on this bill
- 1Kyrsten Sinema SponsorDrew cross-party cosponsors, introduced2 events+6
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Other bills by Kyrsten Sinema
History
- Introduced in the Senate by Kyrsten Sinema.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.