Maxine Waters (D-CA)

Amendment sought to require investment advisers and hedge funds to perform know-your-customer verification and implement anti-money laundering procedures for foreign clients.

H.Amdt. 125 · House of Representatives amendment

A Democratic amendment with no cosponsors

Changes H.R. 3383 — Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025

Last activity — On agreeing to the Waters amendment (A003) Failed by recorded vote: 211 - 219 (Roll no. 326). (consideration: CR H5791)

Offered

Offered, and not voted on yet. Most amendments never get a vote: the House takes up the bill and moves on without them.

Its path through Congress

  1. Introduced

What this amendment would do

In Congress's own words: 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.

What Congress actually voted on

One recorded vote has been taken on this amendment.

  • The House: a vote on a proposed change to the bill A vote on one change, not on the bill. A bill can collect dozens of these, and losing one does not stop it. Failed 211 yes · 219 no

    See who voted how →

    12/11/2025 · Roll call 326 · recorded as “On Agreeing to the Amendment”