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HR 3672 119th Congress House Finance and Financial Sector

Securities Research Modernization Act

Introduced: June 2, 2025 Introduced by: Williams, Roger Republican · Texas See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 2025
Placed on the Union Calendar, Calendar No. 167.
Jul 15, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-204.
Jun 10, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 19.
Jun 10, 2025
Committee Consideration and Mark-up Session Held
Jun 2, 2025
Referred to the House Committee on Financial Services.
Jun 2, 2025
Introduced in House
 Plain-English summary 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.

What's happening now July 15, 2025

Placed on the Union Calendar, Calendar No. 167.