H.R. 7127 explained · 119th Congress · Pending in Congress
Restoring the Secondary Trading Market Act
Cosponsors: none · per Congress.gov, 2026-10-09
Introduced: 2026-01-16
Latest action (2026-03-25): Placed on the Union Calendar, Calendar No. 493.
What H.R. 7127 does, in plain terms
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 by the Congressional Research Service, via Congress.gov.
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