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

== Detailed Summary ==

<summary>
Amends the Securities Act of 1933 governing exclusive federal registration of nationally traded securities to exclude from exclusive federal regulation, and thus permit state regulation of, certain securities anyone 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: 6/26/2007: Referred to9/18/2007: House committee.committee/subcommittee actions. Status: ReferredOrdered to the House Committee on Financial Services.be Reported by Voice Vote.
</status>

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== Points in Favor ==

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== Points Against ==

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