Financial Services Committee
- Referred To
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Introduced: Jun 12, 2025
Latest action date: Feb 25, 2026
Latest development
Placed on the Union Calendar, Calendar No. 448.
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Status detail: The most advanced recorded stage is committee consideration.
Plain-language overview
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.
Official summary from Congress.gov.
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Official CRS policy area
Finance and Financial Sector
Committees and subcommittees that received, reviewed, marked up, or reported this legislation.
Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
No amendments are listed for this measure.
Checked against Congress.gov Oct 2, 2026.
Newest action first. Action language comes from the official Congress.gov record.
Placed on the Union Calendar, Calendar No. 448.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-523.
Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 11.
Committee Consideration and Mark-up Session Held
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
No connected roll-call votes are currently available for this bill.
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