Securities Research Modernization Act
119-HR-3672119th CongressIntroduced Jun 2, 2025Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Placed on the Union Calendar, Calendar No. 167.
Sponsor
Rep. Williams, Roger [R-TX-25](R-TX-25)1 cosponsor
Summary
Securities Research Modernization Act
This bill allows a securities broker or dealer to publish or distribute a research report on a proposed public offering by any issuer without it being considered an offer to sell securities for purposes of registration requirements. Currently, only reports published or distributed regarding a proposed public offering by an emerging growth company fall under this exception.
Subjects
Business recordsFinancial services and investmentsSecurities
Actions (8)
Placed on the Union Calendar, Calendar No. 167.
Jul 15, 2025House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-204.
Jul 15, 2025House floor actions
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-204.
Jul 15, 2025Library of Congress
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 19.
Jun 10, 2025House committee actions
Committee Consideration and Mark-up Session Held
Jun 10, 2025House committee actions
Referred to the House Committee on Financial Services.
Jun 2, 2025House floor actions
Introduced in House
Jun 2, 2025Library of Congress
Introduced in House
Jun 2, 2025Library of Congress