Restoring the Secondary Trading Market Act

This bill prohibits states from banning, limiting, or imposing conditions upon off-exchange secondary trading of securities. This prohibition applies if the issuer of those securities provides public information on the issuer's financial status in accordance with federal regulations.

Other titles

the names this measure carries besides the one at the top of this page, each with the record's own label for it. The collection includes titles given to parts of a bill as well as to the whole.

To amend the Securities Act of 1933 to exempt off-exchange secondary trading from State regulation where such trading is with respect to securities of an issuer that makes publicly available certain current information, and for other purposes.Official Title as Introduced

Restoring the Secondary Trading Market ActShort Title(s) as IntroducedShort Title(s) as Reported to House

Legislative history

H.R. 7127·House·Bill·Finance and Financial Sector

Rep. Daniel Meuser(Republican-Pennsylvania-9)

Jan 16, 2026

IntroducedIntroduced in House

Jan 16, 2026

HouseReferred to the House Committee on Financial Services.

Mar 4, 2026

House · CommitteeCommittee Consideration and Mark-up Session Held

Mar 4, 2026

House · CommitteeOrdered to be Reported by the Yeas and Nays: 26 - 17.

Mar 25, 2026

House · CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 119-573.

Mar 25, 2026

HousePlaced on the Union Calendar, Calendar No. 493.

Documents

Everything Congress printed about this measure. A bill is reprinted each time it changes, the Congressional Research Service summarizes each version, and the committee that reports a bill files its own written account of it.

Bill text

Mar 25, 2026As reported by the House committee Jan 16, 2026As introduced in the House

Plain-language summaries

Mar 25, 2026Reported to House