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Clarity Act remains alive after failed Senate procedural vote, JPMorgan analysts say

  • JPMorgan analysts say the Clarity Act remains viable after a failed Senate procedural vote.
  • The passage window before year-end adjournment is extremely narrow, analysts say.
  • Attention is expected to shift toward the SEC and CFTC.

The Clarity Act is not fully dead after failing a procedural Senate vote, according to JPMorgan analysts, but they say the opportunity for passage before the current Congress adjourns at year-end is extremely narrow. Attention is now expected to shift toward the SEC (U.S. securities regulator) and CFTC (U.S. derivatives regulator).

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