H.R. 6387 – FIRE Act

H.R. 6387, the FIRE Act, has advanced from the Committee on Energy and Commerce (H. Rept. 119-595) to a hearing before the House Rules Committee. This hearing represents the next stage in the legislative process before potential floor consideration by the full House.

Affected parties, including financial institutions, advisers, and investors, should monitor this bill's progress closely. The bill's advancement signals that new regulatory requirements in the financial services sector may be forthcoming. The full bill text is available via Congress.gov.