Securities Research Modernization Act

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 2 June 2025

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 2 June 2025

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 June 2025

   Introduced

   Introduced in House

   Source: IntroReferral

4. 10 June 2025

   Vote

   Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 19.

   Source: Committee

5. 10 June 2025

   Committee

   Committee Consideration and Mark-up Session Held

   Source: Committee

6. 15 July 2025

   Calendars

   Placed on the Union Calendar, Calendar No. 167.

   Source: Calendars

7. 15 July 2025

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 119-204.

   Source: Committee

8. 15 July 2025

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 119-204.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Reported in House

  Reported in House · EN · 15 July 2025

  ViewDownloadOpen at official source

• Reported to House

  summary · EN · 15 July 2025

  Open at official source

• Introduced in House

  Introduced in House · EN · 2 June 2025

  ViewDownloadOpen at official source

Sponsors

• Roger Williams · R · Sponsor
• Rep. Fields, Cleo [D-LA-6] · D · Sponsor
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.