Restoring the Secondary Trading Market Act

House Bill

H.R. 7127

119th Congress

Restoring the Secondary Trading Market Act

Placed on the Union Calendar, Calendar No. 493.

Introduced:Mar 25, 2026

Primary Sponsor

Sponsor information unavailable

Cosponsors

0

Quick Stats

Summary

This bill appears to address regulations affecting the secondary trading market, which is where investors buy and sell securities like stocks and bonds after their initial sale. Based on the title, the bill likely aims to change rules or remove restrictions that currently affect how these securities are traded between investors.

Latest Action

Placed on the Union Calendar, Calendar No. 493.

Introduced3/25/2026

StatusPlaced on the Union Calendar, Calendar No. 493.

ChamberHouse

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Vote Prediction

Restoring the Secondary Trading Market Act

This bill appears to address regulations affecting the secondary trading market, which is where investors buy and sell securities like stocks and bonds after their initial sale. Based on the title, the bill likely aims to change rules or remove restrictions th

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill appears to address regulations affecting the secondary trading market, which is where investors buy and sell securities like stocks and bonds after their initial sale. Based on the title, the bill likely aims to change rules or remove restrictions that currently affect how these securities are traded between investors.

Bill Number: 7127
Introduced: 3/25/2026
Status: Placed on the Union Calendar, Calendar No. 493.

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Restoring the Secondary Trading Market Act
Bill Number: 7127
Sponsor: No sponsor
Status: Placed on the Union Calendar, Calendar No. 493.
Introduced: 3/25/2026
Summary: This bill appears to address regulations affecting the secondary trading market, which is where investors buy and sell securities like stocks and bonds after their initial sale. Based on the title, the bill likely aims to change rules or remove restrictions that currently affect how these securities

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill appears to address regulations affecting the secondary trading market, which is where investors buy and sell securities like stocks and bonds after their initial sale. Based on the title, the bill likely aims to change rules or remove restrictions that currently affect how these securities are traded between investors.

Last updated: 3/7/2026

Key Points

Main provisions of the bill

The bill focuses on the secondary trading market, where previously issued securities are bought and sold among investors.
The word 'restoring' in the title suggests the bill aims to return certain trading practices or rules to a previous state.
The bill passed through committee with a vote of 26 in favor and 17 against, indicating some level of disagreement.
Without the full text, the specific regulatory changes or restrictions being addressed remain unclear.

How This Impacts Americans

Potential effects on citizens and communities

This bill would likely affect investors, brokerage firms, and financial institutions that participate in buying and selling securities on secondary markets. The specific impact depends on what regulations or restrictions the bill modifies, which could change trading costs, access to markets, or investor protections.

Policy Areas

No policy areas assigned yet.

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

7127, 119th Congress (2026). "Restoring the Secondary Trading Market Act". Source: Voter's Right Platform. https://votersright.org/bills/119-hr-7127

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