United States · Bill · S
S. 3676 (118th)
Protecting Private Job Creators Act
Introduced
25 January 2024
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
Protecting Private Job Creators Act This bill provides statutory authority for an exemption from specified disclosure requirements applicable to fixed-income securities (e.g., corporate bonds or a certificate of deposit). Under current securities regulations, brokers and dealers are generally prohibited from publishing securities quotations (i.e., the sale price) in over-the-counter (i.e., not on a national exchange) markets unless they have certain information about the securities issuer in their records. In October 2023, the Securities and Exchange Commission issued an order granting an exemption to this rule to fixed-income securities that comply with specified safe-harbor rules. The bill provides statutory authority for this exemption.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 25 January 2024
Introduced in Senate (PDF)
Introduced in Senate · EN · 25 January 2024
Introduced in Senate
summary · EN · 25 January 2024
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Sources
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- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/3676
- Open data entity: https://api.congress.gov/v3/bill/118/s/3676