Enact inspectability requirements for broker-dealer operations modeled on the Holding Foreign Companies Accountable Act.

John R. Moolenaar · Michigan · Republican

policy impact 0.62 specificity 0.83 extraction confidence 74%

Commitment kind: action. Promised action: Enact inspectability requirements for broker-dealer operations modeled on the Holding Foreign Companies Accountable Act.. Promised outcome: not established. Deadline: unknown; not assumed expired. Federal office context: John Moolenaar as Chairman of the House Select Committee on the Chinese Communist Party, in an October 7, 2026 press release about Webull's China links.

Occurrences

2. Enact Inspectability Requirements for Broker-Dealer Operations — a Holding Foreign Companies Accountable Act for Broker-Dealers.

The investigation recommended enactment of broker-dealer inspectability requirements modeled on the Holding Foreign Companies Accountable Act.

Examining Webull's China Links | Select Committee on the CCP
primary · press_release · model gpt-5.5

Evidence

verified · Source version 91823 · locator 2820

Enact Inspectability Requirements for Broker-Dealer Operations — a Holding Foreign Companies Accountable Act for Broker-Dealers.

Fetched verbatim passage. AI summary (separate from source): Within the lookback window, Moolenaar's committee released a Webull investigation that recommends the exact inspectability policy, showing continued advocacy but not enactment.

unresolved same_term A for effort

Examining Webull's China Links | Select Committee on the CCP
primary · model gpt-5.5 · confidence 96%

verified · Source version 91833 · locator 1385

read twice and referred to the Committee on Banking, Housing, and Urban Affairs

Fetched verbatim passage. AI summary (separate from source): The Senate bill related to PRC-connected broker-dealers remained at referral status, indicating an introduced effort rather than an enacted requirement.

unresolved same_term A for effort

S. 2552 (IS) - PRC Broker-Dealers and Investment Advisers Moratorium Act - BILLS-119s2552is | Content Details | GovInfo
secondary · model gpt-5.5 · confidence 93%

unverified · Source version 91835 · locator unknown

including the right to examine the books and facilities of a broker or dealer located in a foreign country

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The introduced Senate text contains inspection-style authority for foreign broker-dealer books and facilities, but the status record does not show enactment.

unresolved same_term A for effort

BILLS-119s2552is.pdf
secondary · model gpt-5.5 · confidence 94%

unverified · Source version 91837 · locator unknown

Latest Action May 26, 2026 - Referred to the House Committee on Financial Services.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The House counterpart, H.R. 9028, was listed as referred to committee, so it had not become enacted law as of the available House record.

unresolved same_term A for effort

live.house.gov, U.S. House of Representatives
secondary · model gpt-5.5 · confidence 90%

unverified · Source version 91839 · locator unknown

See, e.g., the PRC Broker-Dealers and Investment Advisers Moratorium Act, S.2552 (119th Congress)

Unverified model/legacy excerpt; not proof. AI summary (separate from source): An SEC-related Federal Register notice identified S.2552 as relevant proposed legislation in this policy area, reinforcing that the broker-dealer approach was pending rather than enacted.

unresolved same_term A for effort

FR-2026-05-19.pdf
secondary · model gpt-5.5 · confidence 86%

Assessments

Public state: pending As of 2026-10-14 · verified · . Original AI recommendation (not independently established): unresolved. same_term A for effort

The verified commitment promised enactment of inspectability requirements for broker-dealer operations. Verified evidence shows continued advocacy for that policy and a related Senate bill that was only read twice and referred to committee, not enacted. Because the promise was to enact the requirement, and there is no verified evidence of enactment or a documented expired deadline, the outcome remains unresolved rather than delivered or never.

provider codex_cli · model gpt-5.5 · confidence 93%