3.0.0 3672 2026-06-11T23:26:41Z 2026-06-11T23:26:41Z House H HR 2025-06-02 119 https://www.congress.gov/bill/119th-congress/house-bill/3672 [Congressional Record Volume 171, Number 93 (Monday, June 2, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. WILLIAMS of Texas:H.R. 3672.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the Constitution of the UnitedStates[Page H2383]]]> hsba00 Financial Services Committee House Standing Reported By 2025-07-15T23:05:59Z Markup By 2025-06-10T17:04:00Z Referred To 2025-06-02T15:00:35Z H. Rept. 119-204 2025-07-15 Placed on the Union Calendar, Calendar No. 167. Calendars H12410 2 House floor actions U00167 2025-07-15 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-204. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2025-07-15 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-204. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2025-06-10 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 19. Committee 2025-06-10 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2025-06-02 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2025-06-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2025-06-02 Introduced in House IntroReferral 1000 9 Library of Congress W000816 Rep. Williams, Roger [R-TX-25] Roger Williams R TX 25 N F000110 Rep. Fields, Cleo [D-LA-6] Cleo Fields D LA 6 2025-06-02 True 2025-10-31T18:20:00Z H.R. 3672, Securities Research Modernization Act https://www.cbo.gov/publication/61860 As reported by the House Committee on Financial Services on July 15, 2025 Finance and Financial Sector Business records 2025-06-30T14:49:35Z Financial services and investments 2025-06-30T14:49:48Z Securities 2025-06-30T14:49:22Z Finance and Financial Sector 2025-06-13T17:44:32Z 07 2025-07-15 Reported to House 2025-09-03T15:37:57Z 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.

]]> Securities Research Modernization Act Display Title 45 Securities Research Modernization Act 2025-07-17T11:31:46Z Official Title as Introduced 6 To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities. 2025-07-17T11:31:46Z Introduced in House IH Short Title(s) as Reported to House 102 Securities Research Modernization Act 2025-07-16T04:23:22Z H House Reported in House RH Short Title(s) as Introduced 101 Securities Research Modernization Act 2025-06-04T03:23:26Z Introduced in House IH Reported in House 2025-07-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3672rh/xml/BILLS-119hr3672rh.xml Introduced in House 2025-06-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119hr3672ih/xml/BILLS-119hr3672ih.xml 2025-07-15 Placed on the Union Calendar, Calendar No. 167. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.