Securities Research Modernization Act was reported by committee and awaits a floor vote
IntroducedJun 2, 2025
ReportedJun 10, 2025
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 61 words.
Securities Research Modernization Act This bill allows a securities broker or dealer to publish or distribute a research report on a proposed public offering by any issuer without it being considered an offer to sell securities for purposes of registration requirements. Currently, only reports published or distributed regarding a proposed public offering by an emerging growth company fall under this exception.
Context
- Committees
- House Financial Services Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 1 of 116 bills enacted since 2013
- Text versions
- 2, from introduced in house to reported in house · 70 words
- Subjects
- Business recordsFinancial services and investmentsSecurities
- Latest action
- Jul 15, 2025: Placed on the Union Calendar, Calendar No. 167.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0
The bill status record lists no related bills.
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]