Digital Equities and No Automatic Disqualifications Act (S5140)
Current understanding
S5140, the Digital Equities and No Automatic Disqualifications Act, was introduced in the 119th Congress and referred to the Senate Banking, Housing, and Urban Affairs Committee. Based on its title, the bill appears to pair a ‘digital equities’ component (likely addressing tokenized or digitally-represented securities) with provisions limiting automatic disqualifications from financial-market participation, though substantive text and mechanisms are not yet summarized here. Status: introduced; no committee action or floor consideration reported.