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Easier Off-Exchange Stock Trading: Less State Regulation

This bill aims to simplify trading company stocks outside traditional exchanges. It means certain stock buying and selling transactions will no longer be subject to state regulations if the company publicly provides its current information. This could affect how citizens buy and sell certain securities, potentially increasing market accessibility and liquidity.
Key points
Exemption from state regulation for off-exchange stock trading if the company makes its data publicly available.
May facilitate the trading of certain securities, impacting individual investors.
article Official text account_balance Process page
Expired
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No votes cast
Additional Information
Print number: 118_HR_2506
Sponsor: Rep. Meuser, Daniel [R-PA-9]
Process start date: 2023-04-06
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Restoring the Secondary Trading Market Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2506.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-04-06.

What are the main provisions?

Key points include:

  • Exemption from state regulation for off-exchange stock trading if the company makes its data publicly available.
  • May facilitate the trading of certain securities, impacting individual investors.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Meuser, Daniel [R-PA-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Economy