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Restoring the Secondary Trading Market Act

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

US HR 7127 · House Bill · 119th Congress

Stage
On calendar
Started in
House
Sponsor
1
Latest action
Mar 25, 2026

What it does

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.

Official summary · Reported to House · Mar 25, 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 16, 2026

  2. Committee (Current step)

    On calendar · Mar 25, 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

Restoring the Secondary Trading Market Act | 52