Restoring the Secondary Trading Market Act
The summary
What this bill does
Restoring the Secondary Trading Market Act
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.
Legislative timeline
From introduction
Jan 16, 2026
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - PA District 9 · R-PA
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 7127 |
| Origin Chamber | House |
| Current Status | Ordered to be Reported by the Yeas and Nays: 26 - 17. |
| Policy Area | Finance and Financial Sector |
| Primary Committee | Not assigned |
| Introduced | January 16, 2026 |
| Latest Action | March 25, 2026 |
| Cosponsors | 0 · House vote — · — views |