H.R. 1764 is a rule that would let a special money-lending group called the International Development Association play by easier rules when selling things called securities, like some of their friends do. This means they could do their work more easily unless they've been naughty by helping bad guys, and a grown-up group called the SEC would watch over them to make sure things stay fair.

H.R. 1764 is like a special rule that lets a group called the International Development Association play by different money rules than usual, but there are some safety checks just in case they help countries they shouldn't be helping.