HR3672Referred to Committee

Securities Research Modernization Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-06-02
Introduced
1
Cosponsors
HR
ⓘ
Type

Sponsor

Roger Williams
Roger Williams
Republican · TX · Representative
Votes with party: 97.9% (529 recorded votes)

Full profile: /officials/W000816

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Placed on the Union Calendar, Calendar No. 167.

2025-07-15

Source: Congress.gov

Plain-English 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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector
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Related legislation

Bills by the same sponsor or covering overlapping subjects.