HR 7127In committeeFinancehouse

Restoring the Secondary Trading Market Act

Introduced Jan 16, 2026 by Rep. Daniel Meuser

IntroducedCommitteeFloorCongressLaw

It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.

Latest action · Mar 25, 2026

Placed on the Union Calendar, Calendar No. 493.

What it does

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.

Summary by the Congressional Research Service.

Roll-call votes

No floor votes yet — it hasn't reached the floor of either chamber.