HR 5421 · 114th Congress · Finance and Financial Sector
National Securities Exchange Regulatory Parity Act of 2016
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2016-07-13)
Plain Language Summary
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National Securities Exchange Regulatory Parity Act of 2016 This bill amends the Securities Act of 1933, regarding the exemption of certain securities from state regulation, to eliminate the specific limitation to federal regulation of securities that are either listed or authorized for listing on: (1) the New York Stock Exchange, (2) the American Stock Exchange, (3) the National Market System of the Nasdaq Stock Market, or (4) any successor to such entities. The bill replaces such specific limitations with a general exemption from state regulation of any securities listed on a national securities exchange whose listing standards are approved by the Securities and Exchange Commission.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 5421, National Securities Exchange Regulatory Parity Act of 2016
Jul 8, 2016As ordered reported by the House Committee on Financial Services on June 16, 2016
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office