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Bill · 119th Congress · HR 3672

Securities Research Modernization Act

Refreshed 4 h ago

Introduced 2025-06-02Topic: economy jobs

Summary

Summary by the Congressional Research Service

Securities Research Modernization Act This bill allows a securities broker or dealer to publish or distribute a research report on a proposed public offering by any issuer without it being considered an offer to sell securities for purposes of registration requirements. Currently, only reports published or distributed regarding a proposed public offering by an emerging growth company fall under this exception.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2025-07-15HousePlaced on the Union Calendar, Calendar No. 167.
2025-07-15HouseReported (Amended) by the Committee on Financial Services. H. Rept. 119-204.report
2025-07-15Reported (Amended) by the Committee on Financial Services. H. Rept. 119-204.report
2025-06-10HouseOrdered to be Reported (Amended) by the Yeas and Nays: 31 - 19.refer
2025-06-10HouseCommittee Consideration and Mark-up Session Heldrefer
2025-06-02HouseReferred to the House Committee on Financial Services.refer
2025-06-02Introduced in Houseintroduce
2025-06-02Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.