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

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on August 31, 2007, 18:18:27, by webmaster:

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

Detailed 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.

Status of the Legislation

Latest Major Action: 6/26/2007: Referred to House committee. Status: Referred to the House Committee on Financial Services.

Points in Favor

(Log in to edit the wiki and be the first to show why the bill should pass!)

Points Against

(Log in to edit the wiki and be the first to show why the bill should not pass!)

« Return to Revision History.