H.R. 7127 — what changed
Restoring the Secondary Trading Market Act
From Introduced in House to Reported in House. 1 section amended between Introduced in House and Reported in House.
Sec. 2 Exemption from State regulation
changed
Section 18(a) of the Securities Act of 1933 (15 U.S.C. 77r(b)(4)) 77r(a)) is amended—
“(4) shall directly or indirectly prohibit, limit, or impose any conditions upon the off-exchange secondary trading (as such term is defined by the Commission) in securities of an issuer that makes current information publicly available, including—
“(A) the information required in the periodic and current reports described under paragraph (b) of section 230.257 of title 17, Code of Federal Regulations; or
“(B) the documents and information specified in paragraph (b) of section 15c2–11 of title 17, Code of Federal Regulations.”