/
Amendments · HAMDT 125
FAILED· 119TH CONGRESS· HOUSE
House AmendmentHAMDT 125
Amendment sought to require investment advisers and hedge funds to perform know-your-customer verification and implement anti-money laundering procedures for foreign clients.
· LAST ACTION DEC 11
- Amendment, not the bill
- Failed — base text stands
- Effect depends on parent bill
DISPOSITION
FAILED
DEC 11
“On agreeing to the Waters amendment (A003) Failed by recorded vote: 211 - 219 (Roll no. 326). (consideration: CR H5791)”
OTHER AMENDMENTS TO THIS BILL
- HAMDT 123Amendment sought to strike section 307 relating to enhancing multi-class share disclosures.FAILED
- HAMDT 127Amendment sought to define and prohibit fees charged by Securities and Exchange Commission-registered individuals and en…FAILED
- HAMDT 126(no purpose recorded)FAILED
- HAMDT 124(no purpose recorded)ADOPTED
§ 03
SUMMARY
WHAT THIS CHANGES
This amendment would have required investment firms and hedge funds to verify the identities of their foreign clients and set up systems to prevent money laundering. It was an attempt to add security safeguards to the bill, but the amendment failed and will not be part of the final law.
§ 04
KEY POINTS
2POINT 01
Identity Verification
It would have required firms to confirm the actual person or group behind foreign investment funds.
POINT 02
Money Laundering Prevention
It sought to prevent illegal money from being 'cleaned' through U.S. investment vehicles.
§ 05
SPONSORSHIP
1 + 0
D· California
§ 06
ACTION TIMELINE
6 EVENTSDEC 11
DEC 11
On agreeing to the Waters amendment (A003) Failed by recorded vote: 211 - 219 (Roll no. 326). (consideration: CR H5791)
DEC 11
House amendment not agreed to: On agreeing to the Waters amendment (A003) Failed by recorded vote: 211 - 219 (Roll no. 326). (consideration: CR H5791)
§ 07
AMENDMENT INFO
TypeHouse Amendment
NumberHAMDT 125
Congress119th
ChamberHouse
StatusFAILED
SubmittedDec 10, 2025
Last actionDec 11, 2025
§ 09
READER REACTIONS
OVERALL SENTIMENT
No reactions yet. Be the first to weigh in.
Discussion
Loading comments...
FAILED· 119TH CONGRESS · HOUSE
House AmendmentHAMDT 125
Amendment sought to require investment advisers and hedge funds to perform know-your-customer verification and implement anti-money laundering procedures for foreign clients.
An amendment numbered 3 printed in Part B of House Report 119-399 to require investment advisers and hedge funds to perform know-your-customer verification and implement anti-money laundering procedures for foreign clients.
· SUBMITTED DEC 10, 2025· LAST ACTION DEC 11, 2025
DISPOSITION
FAILED
COSPONSORS
0
DAYS SINCE ACTION
288
