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US HB3672
Bill
Status
Introduced
6/2/2025
Primary Sponsor
Roger Williams
Click for details
AI Summary
- Amends Section 2(a)(3) of the Securities Act of 1933 to expand the research report exception from applying only to "emerging growth companies" to all issuers undertaking proposed public securities offerings
- Broadens the type of securities covered from "common equity" to "any" securities
- Introduced June 2, 2025 by Rep. Williams of Texas and Rep. Fields; reported with amendment from House Financial Services Committee on July 15, 2025
Legislative Description
Securities Research Modernization Act
Finance and financial sector
Last Action
Placed on the Union Calendar, Calendar No. 167.
7/15/2025
Committee Referrals
Financial Services6/2/2025
Full Bill Text
No bill text available