Floor Vote ScheduledFiled Jan 21, 2026
Sponsor: Rep. Nunn, Zachary [R-IA-3] (R)
Latest Action
Placed on the Union Calendar, Calendar No. 691.
Sep 1, 2026
Summary
The bill amends the 1934 Securities Exchange Act so a personal‑services company set up by a registered broker—or the broker’s immediate family—is not automatically labeled a broker when it only receives compensation on the broker’s direction. It targets those entities, the brokers they serve, and the SEC, aiming to clarify compliance rules and ease regulatory burden.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HR 7187 changes status, plus AI-powered summaries and stage predictions.
Sign up free