Protecting Private Job Creators Act
Introduced Jun 12, 2025 by Rep. Troy Downing
It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.
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.
Summary by the Congressional Research Service.
No floor votes yet — it hasn't reached the floor of either chamber.