H.R.1418: To eliminate the exemption from State regulation for certain securities designated by national securities exchanges.

About This Bill

Bill Summary

Amends the Securities Act of 1933, with respect to 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.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
March 10, 2009

Introduced in the House by Gregory W. Meeks (D-N.Y.)

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