arrow_back Back to App

Protecting Investors: Ban on Investments in Russian Securities

This act aims to protect American investors and retirees by prohibiting large financial institutions, such as investment funds and insurance companies, from purchasing securities issued by Russian entities. This means that money managed by these institutions, including retirement savings, cannot be invested in Russian assets, reducing risk for citizens.
Key points
Prohibition on investing in Russian securities for large financial institutions.
Protection of retirement savings and investments from risks associated with Russian entities.
Imposition of penalties for violating the prohibition to ensure compliance.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_3733
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2022-03-02
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

IMPAIR Russia Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3733.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-02.

What are the main provisions?

Key points include:

  • Prohibition on investing in Russian securities for large financial institutions.
  • Protection of retirement savings and investments from risks associated with Russian entities.
  • Imposition of penalties for violating the prohibition to ensure compliance.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Security