Pipeline · Bill → Law
Step 1
Introduced
Jan 21, 2026
Step 2
Referred
Jan 21, 2026
Financial Services
Step 3
Committee
Jun 30, 2026
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill allows individuals who work for registered brokers to receive compensation for their services through their own personal businesses without having to register with the Securities and Exchange Commission (SEC). Specifically, the bill exempts certain personal services entities from SEC broker regulations. As background, brokers (persons engaged in the business of making securities transactions on behalf of others) must register with the SEC and become members of a self-regulatory organization (SRO). Under this bill, a personal services entity is an entity established by a registered representative to receive compensation for services from the registered representative's broker. A r...
AI
Timeline · 6 actions
Sep 1, 2026
Placed on the Union Calendar, Calendar No. 691.
Sep 1, 2026
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-791.
Jun 30, 2026
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
Jun 30, 2026
Committee Consideration and Mark-up Session Held
Jan 21, 2026
Introduced in House
Jan 21, 2026
Referred to the House Committee on Financial Services.