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Clarity for Compensation Act

On calendar: it can still change before the session ends.

US HR 7187 · House Bill · 119th Congress

Draft a letter
Stage
On calendar
Started in
House
Sponsors
13
Latest action
Sep 1, 2026

What it does

Clarity for Compensation Act This bill allows individuals who work for registered brokers to receive compensation for their services through their own personal businesses without having to register with the Securities and Exchange Commission (SEC). Specifically, the bill exempts certain personal services entities from SEC broker regulations. As background, brokers (persons engaged in the business of making securities transactions on behalf of others) must register with the SEC and become members of a self-regulatory organization (SRO). Under this bill, a personal services entity is an entity established by a registered representative to receive compensation for services from the registered…

Official summary · Introduced in House · Jan 21, 2026

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jan 21, 2026

  2. Committee (Current step)

    On calendar · Sep 1, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Clarity for Compensation Act | 52