H.R. 2868 would eliminate the exemption from State regulation for certain securities designated by national securities exchanges.

== Detailed Summary ==

<summary>
Amends<b>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</b>

Amends the Securities Act of 1933 governing1933, with respect to exclusive federal registration of nationally traded securitiessecurities, to exclude from exclusive federal regulation, and thus permit state regulation of, certain securities anyoneany one of specified securities exchanges has listed (or authorized for listing) in a tier or segment for uncovered securities, according to standards for designating such a tier or segment the exchange has adopted.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 9/18/2007: House committee/subcommittee actions.10/24/2007: Referred to Senate committee. Status: OrderedReceived in the Senate and Read twice and referred to be Reported by Voice Vote.the Committee on Banking, Housing, and Urban Affairs.
</status>

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== Points in Favor ==

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== Points Against ==

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