H.R. 3672 · 119th Congress
Securities Research Modernization Act
On calendar
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Bill details
Introduced: 6/2/2025
Current status: On calendar
Introduced by: Roger Williams (R · TX-25)
Bill ID: 119hr3672
Latest official action: Placed on the Union Calendar, Calendar No. 167.
Bill overview
A neutral overview based on official congressional sources.
Reported to House
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.
Source: BILLSUM · Summary date: 7/15/2025
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