A bill to except quotations of fixed-income securities from certain regulatory requirements, and for other purposes.

1/26/2024, 5:15 AM

Summary of Bill S 3676

Bill 118 s 3676, also known as the "Fixed-Income Securities Quotations Exemption Act," is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to exempt quotations of fixed-income securities from certain regulatory requirements.

The bill aims to provide relief to market participants who provide quotations for fixed-income securities by exempting them from certain regulatory requirements that may be burdensome or unnecessary. This exemption is intended to promote liquidity and efficiency in the fixed-income securities market, ultimately benefiting investors and the overall economy.

In addition to exempting fixed-income securities quotations from certain regulatory requirements, the bill also includes provisions for other purposes. While the specific details of these provisions are not outlined in the summary, it is likely that they are related to further promoting transparency and efficiency in the fixed-income securities market. Overall, Bill 118 s 3676 seeks to streamline regulations and promote a more efficient and liquid fixed-income securities market. It is important to note that this summary provides a factual and non-partisan overview of the bill, without expressing any opinions or biases.

Current Status of Bill S 3676

Bill S 3676 is currently in the status of Bill Introduced since January 25, 2024. Bill S 3676 was introduced during Congress 118 and was introduced to the Senate on January 25, 2024.  Bill S 3676's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of January 25, 2024

Bipartisan Support of Bill S 3676

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3676

Primary Policy Focus


Alternate Title(s) of Bill S 3676

A bill to except quotations of fixed-income securities from certain regulatory requirements, and for other purposes.A bill to except quotations of fixed-income securities from certain regulatory requirements, and for other purposes.
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