Floor Vote ScheduledFiled Jan 16, 2026
Sponsor: Rep. Meuser, Daniel [R-PA-9] (R)
Latest Action
Placed on the Union Calendar, Calendar No. 493.
Mar 25, 2026
Summary
It amends the 1933 Securities Act to prevent any state law from banning, limiting, or imposing conditions on secondary trades that happen off an exchange, as long as the issuing company makes current information publicly available under federal rules. This change would impact state securities regulators, companies that issue securities, and investors who trade those securities. The aim is to create a more uniform national market for such trades.
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