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Protecting Private Job Creators Act

3/24/2026, 4:35 PM

Summary of Bill HR 3959

The bill titled "To except quotations of fixed-income securities from certain regulatory requirements, and for other purposes" was introduced in the 119th Congress on June 12, 2025.

Congressional Summary of HR 3959

Protecting Private Job Creators Act

This bill provides statutory authority for an exemption from specified disclosure requirements applicable to fixed-income securities (e.g., corporate bonds or a certificate of deposit).

Under current securities regulations, brokers and dealers are generally prohibited from publishing securities quotations (i.e., the sale price) in over-the-counter (i.e., not on a national exchange) markets unless they have certain information about the securities issuer in their records. The Securities and Exchange Commission issued a series of orders (with the latest order issued in November 2024) granting an exemption to this rule to fixed-income securities that comply with specified safe-harbor rules. The bill provides statutory authority for this exemption.

Current Status of Bill HR 3959

Bill HR 3959 is currently in the status of Bill Introduced since June 12, 2025. Bill HR 3959 was introduced during Congress 119 and was introduced to the House on June 12, 2025.  Bill HR 3959's most recent activity was Placed on the Union Calendar, Calendar No. 448. as of February 25, 2026

Bipartisan Support of Bill HR 3959

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
14
Democrat Cosponsors
7
Republican Cosponsors
7
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3959

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 3959

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

Comments

Osman Faircloth profile image

Osman Faircloth

708

22 days ago

This bill hurts workers' rights. Short term, it will harm job security.