HR3672Referred to Committee
Securities Research Modernization Act
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2025-06-02
Introduced
1
Cosponsors
HR
ⓘType
Sponsor
Roger Williams
Republican · TX · Representative
Votes with party: 97.8% (629 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 →
Committee Activity
Currently in
- House Committee on Financial ServicesReported By · 2025-07-15
Previously
- House Committee on Financial ServicesMarkup By · 2025-06-10
- House Committee on Financial ServicesReferred To · 2025-06-02
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
Full bill text is not yet cached locally.
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