arrow_back Back to App

Exempting Off-Exchange Securities Trading from State Regulation

This act aims to simplify rules for buying and selling certain company shares outside major stock exchanges. It prevents individual states from creating their own regulations for these trades, provided the companies involved publicly share their financial information. This could make it easier and potentially cheaper for people to trade these specific types of investments, reducing regulatory complexity across states.
Key points
Simplifies rules for trading certain securities outside major exchanges by removing state-level regulations.
This applies only to companies that regularly and publicly provide their financial information.
Could lead to easier and potentially cheaper access to certain investments for citizens, reducing regulatory hurdles.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_7127
Sponsor: Rep. Meuser, Daniel [R-PA-9]
Process start date: 2026-01-16
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

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 119_HR_7127.

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 2026-01-16.

What are the main provisions?

Key points include:

  • Simplifies rules for trading certain securities outside major exchanges by removing state-level regulations.
  • This applies only to companies that regularly and publicly provide their financial information.
  • Could lead to easier and potentially cheaper access to certain investments for citizens, reducing regulatory hurdles.
What is the specific legal status?

The current status is Introduced.

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 2026-01-19.

CATEGORIES

Economy Courts and Law