HR 7127
119th Congress
House
Finance and Financial Sector
Business records
Corporate finance and management
Financial services and investments
Securities
State and local government operations
Restoring the Secondary Trading Market Act
Introduced: January 16, 2026
Introduced by:
Meuser, Daniel
Republican
· Pennsylvania
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 25, 2026
Placed on the Union Calendar, Calendar No. 493.
Mar 25, 2026
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-573.
Mar 4, 2026
Ordered to be Reported by the Yeas and Nays: 26 - 17.
Mar 4, 2026
Committee Consideration and Mark-up Session Held
Jan 16, 2026
Referred to the House Committee on Financial Services.
Jan 16, 2026
Introduced in House
Plain-English summary
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.
What's happening now
Placed on the Union Calendar, Calendar No. 493.
Committees of jurisdiction
1