We have received text from S. 5642: Know Your Sanctioned Securities Act. This bill was received on 2026-09-30, and currently has 1 cosponsor.
Here is a short summary of the bill:
This bill would require the Securities and Exchange Commission (SEC) to create a rule, within 180 days after enactment, that changes how certain stocks are labeled.
What the bill would do
- It would require the SEC to add the letters “CMC” to the ticker symbols of securities issued by any company that is on the Department of Defense list of Chinese military companies.
- If a company is later removed from that Defense Department list, the SEC would have to remove the “CMC” label from its ticker symbol.
Plain-English effect
In practical terms, the bill would make it easier for investors and market participants to identify stocks or other securities tied to companies the U.S. government has designated as Chinese military companies. The bill does not ban trading in those securities or directly restrict purchases or sales; it changes the way they are identified in the market.
Relevant Companies
- BABA — Alibaba Group Holding Ltd. could be affected if any of its securities are on the relevant Defense Department list, because the bill would require a ticker modifier to be added to those securities.
- BIDU — Baidu, Inc. could be directly affected in the same way if its securities are covered by the list.
- JD — JD.com, Inc. could be directly affected if any of its securities are designated under the list.
- PDD — PDD Holdings Inc. could be affected if its securities are covered by the designation list.
- NIO — NIO Inc. could be affected if its securities are included on the list of Chinese military companies.
- XPEV — XPeng Inc. could be directly affected if its securities are designated under the list.
Senator Rick Scott Bill Proposals
Here are some bills which have recently been proposed by Senator Rick Scott:
- S.5654: Protecting Florida's Offshore Military Readiness Act
- S.5643: Protecting U.S. Investors From Chinese Military Companies Act
- S.5642: Know Your Sanctioned Securities Act
- S.5442: Cost Estimates Improvement Act
- S.5427: Subterranean Border Defense Act
- S.5377: A bill to amend the Congressional Budget and Impoundment Control Act of 1974 to establish certain procedures for consideration of appropriation bills, and for other purposes.
You can track bills proposed by Senator Rick Scott on Quiver Quantitative's politician page for Scott.
Senator Rick Scott Net Worth
Quiver Quantitative estimates that Senator Rick Scott is worth $509.2M, as of October 9th, 2026. This is the 3rd highest net worth in Congress, per our live estimates.
Scott has approximately $57.3M invested in publicly traded assets which Quiver is able to track live.
You can track Senator Rick Scott's net worth on Quiver Quantitative's politician page for Scott.
Senator Rick Scott Stock Trading
We have data on up to $381.6M of trades from Senator Rick Scott, which we parsed from STOCK Act filings. Some of the largest trades include:
- A August 15th, 2023 sale of up to $5M of $WTT.
- A December 20th, 2023 sale of up to $15K of $VAXX. The stock has fallen 99.99% since then.
You can track Senator Rick Scott's stock trading on Quiver Quantitative's politician page for Scott.
2030 Florida US Senate Election
There has been approximately $80,965,826 of spending in Florida US Senate elections over the last two years, per our estimates.
Approximately $22,194,259 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- PROJECT RESCUE AMERICA ($8,941,210)
- STRONGER SAFER NATION ($7,217,259)
- AB PAC ($2,504,647)
- WINSENATE ($1,090,000)
- SENATE CONSERVATIVES FUND ($594,309)
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2030 Florida US Senate election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
