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Municipal Securities Rulemaking Board Reform Act of 2026

3/19/2026, 2:50 PM

Summary of Bill S 3935

This bill, labeled S. 3935 in the 119th Congress, aims to amend the Securities Exchange Act of 1934 to provide clarity on the composition of the Municipal Securities Rulemaking Board's membership. The bill likely includes provisions specifying the criteria or qualifications for board members and may outline any additional objectives or modifications related to municipal securities regulations. Introduced on February 26, 2026, the bill's full text and detailed directives can be accessed through the provided PDF link.

Current Status of Bill S 3935

Bill S 3935 is currently in the status of Bill Introduced since February 26, 2026. Bill S 3935 was introduced during Congress 119 and was introduced to the Senate on February 26, 2026.  Bill S 3935's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 26, 2026

Bipartisan Support of Bill S 3935

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 3935

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3935

A bill to amend the Securities Exchange Act of 1934 to clarify the composition of the membership of the Municipal Securities Rulemaking Board, and for other purposes.
A bill to amend the Securities Exchange Act of 1934 to clarify the composition of the membership of the Municipal Securities Rulemaking Board, and for other purposes.

Comments

Kannon Mathews profile image

Kannon Mathews

667

25 days ago

What does this mean? Little known detail: It aims to increase transparency in the municipal securities market.