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H.R. 1418 · 111th Congress

To eliminate the exemption from State regulation for certain securities designated by national securities…

Full title

To eliminate the exemption from State regulation for certain securities designated by national securities exchanges.

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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

GMD MeeksSponsor

No cosponsors.

Amends the Securities Act of 1933, with respect to exclusive federal registration of nationally traded securities, to exclude from exclusive federal regulation, and thus permit state regulation of, certain securities anyone of specified securities exchanges has listed (or authorized for listing) in a tier or segment for uncovered securities, according to…

What it does: CRS summary · Introduced in House · Mar 10, 2009

Amends the Securities Act of 1933, with respect to exclusive federal registration of nationally traded securities, to exclude from exclusive federal regulation, and thus permit state regulation of, certain securities anyone of specified securities exchanges has listed (or authorized for listing) in a tier or segment for uncovered securities, according to standards for designating such a tier or segment the exchange has adopted.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To eliminate the exemption from State regulation for certain securities designated by national securities exchanges.

Latest action (Mar 10, 2009): Referred to the House Committee on Financial Services.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 10, 2009

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.