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119th Congress

H.R. 3959

Protecting Private Job Creators Act

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Troy Downing(R-MT)
Introduced
Jun 12, 2025
Policy area
Finance and Financial Sector
Committees
House Committee on Financial Services
Official text
Reported in House · Congress.gov page

Cosponsors (7)

Original cosponsors (1)

Added later (6)

Summary

Summary by the Congressional Research Service· describes the “Reported to House” version

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.

Roll-call votes

No recorded votes on this bill.

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