A bill to amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes.

6/5/2026, 12:14 PM

Summary of Bill S 4690

The bill introduced in the 119th Congress under the title "A bill to amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes" aims to modify the Securities Act of 1933 to enhance the utilization of testing the waters and confidential draft registration submissions.

Current Status of Bill S 4690

Bill S 4690 is currently in the status of Bill Introduced since June 4, 2026. Bill S 4690 was introduced during Congress 119 and was introduced to the Senate on June 4, 2026. Bill S 4690's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of June 4, 2026

Bipartisan Support of Bill S 4690

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4690

Primary Policy Focus

Alternate Title(s) of Bill S 4690

A bill to amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes.

Comments

Salma Ross

921

1 day ago

I think this bill is good for us. It will help with stuff. I like it.

Wade White

864

9 hours ago

I think this bill is a good idea, but I'm not exactly sure how it will work. Will it make it easier for companies to raise capital? Who benefits from this bill?