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Bill119th CongressFiled Jan 16, 2026Finance and Financial Sector
H.R. 7127

Restoring the Secondary Trading Market Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house (Mar 25, 2026)

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.

What just happenedMar 25, 2026

Placed on the Union Calendar, Calendar No. 493.

Who’s behind it

Rep. Meuser, Daniel [R-PA-9](R-PA)Sponsor
Read on Congress.gov
1committees8actions5subjects
  • Reported in HouseMar 25, 2026
  • Introduced in HouseJan 16, 2026
  1. Mar 25, 2026CalendarsH12410

    Placed on the Union Calendar, Calendar No. 493.

  2. Mar 25, 2026CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-573.

  3. Mar 25, 2026Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-573.

  4. Mar 4, 2026Committee

    Ordered to be Reported by the Yeas and Nays: 26 - 17.

  5. Mar 4, 2026Committee

    Committee Consideration and Mark-up Session Held

  6. Jan 16, 2026IntroReferralH11100

    Referred to the House Committee on Financial Services.

  7. Jan 16, 2026IntroReferralIntro-H

    Introduced in House

  8. Jan 16, 2026IntroReferral1000

    Introduced in House

Restoring the Secondary Trading Market Act — Informed