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Restoring the Secondary Trading Market Act

4/2/2026, 3:41 PM

Summary of Bill HR 7127

The bill titled "Restoring the Secondary Trading Market Act," designated as H.R. 7127 in the 119th Congress, was introduced on January 16, 2026. The purpose and key provisions of the bill are not explicitly outlined in the provided context. For more detailed information regarding the bill's content, you can access the official PDF version using the following link: [Restoring the Secondary Trading Market Act (PDF)](https://www.congress.gov/119/bills/hr7127/BILLS-119hr7127ih.pdf).

Congressional Summary of HR 7127

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.

Read the Full Bill

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Current Status of Bill HR 7127

Bill HR 7127 is currently in the status of Bill Introduced since January 16, 2026. Bill HR 7127 was introduced during Congress 119 and was introduced to the House on January 16, 2026.  Bill HR 7127's most recent activity was Placed on the Union Calendar, Calendar No. 493. as of March 25, 2026

Bipartisan Support of Bill HR 7127

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 HR 7127

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 7127

Restoring the Secondary Trading Market Act
Restoring the Secondary Trading Market Act
To amend the Securities Act of 1933 to exempt off-exchange secondary trading from State regulation where such trading is with respect to securities of an issuer that makes publicly available certain current information, and for other purposes.

Comments

Sponsors and Cosponsors of HR 7127

Daniel Meuser
Daniel Meuser
PennsylvaniaRepublican

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