Bill Detail

H.R. 3959

Congress: 119

Title

Protecting Private Job Creators Act

Summary

Protecting Private Job Creators Act This bill provides statutory authority for an exemption from specified disclosure requirements applicable to fixed-income securities (e.g., corporate bonds or a certificate of deposit). Under current securities regulations, brokers and dealers are generally prohibited from publishing securities quotations (i.e., the sale price) in over-the-counter (i.e., not on a national exchange) markets unless they have certain information about the securities issuer in their records. The Securities and Exchange Commission issued a series of orders (with the latest order issued in November 2024) granting an exemption to this rule to fixed-income securities that comply with specified safe-harbor rules. The bill provides statutory authority for this exemption.

Sponsor

Rep. Troy Downing [R-MT-2]

Status

Placed on the Union Calendar, Calendar No. 448.

Status as of Jun 29, 3:35 PM · synced 5h ago

Introduced

2025-06-12

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