H.R. 7127 · 119th Congress
Restoring the Secondary Trading Market Act
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MeuserSponsorNo cosponsors.
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.
What it does: CRS summary · Reported to House · Mar 25, 2026
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Restoring the Secondary Trading Market Act
Latest action (Mar 25, 2026): Placed on the Union Calendar, Calendar No. 493.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 16, 2026
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.