To eliminate the exemption from State regulation for certain securities designated by national securities exchanges.

Bill: 110-hr-2868
Sponsor: Rep. Meeks, Gregory W. [D-NY-6]
Introduced: 2007-06-26 in the House
Policy area: Finance and Financial Sector
Subjects: Federal preemption
Federal-state relations
Government Operations and Politics
Securities regulation
State laws
Stock exchanges

Summary:
action_date: 2007-06-26
text: 
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.

action_date: 2007-10-15
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
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.

action_date: 2007-10-23
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
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 any one 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.


Legislative actions:
action_date: 2007-10-24
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2007-10-23
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2007-10-23
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H11866)
action_date: 2007-10-23
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H11866)
action_date: 2007-10-23
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 2868.
action_date: 2007-10-23
text: Considered under suspension of the rules. (consideration: CR H11866-11868)
action_date: 2007-10-23
text: Mr. Meeks (NY) moved to suspend the rules and pass the bill, as amended.
action_date: 2007-10-15
text: Placed on the Union Calendar, Calendar No. 237.
action_date: 2007-10-15
text: Reported by the Committee on Financial Services. H. Rept. 110-380.
action_date: 2007-10-15
text: Reported by the Committee on Financial Services. H. Rept. 110-380.
action_date: 2007-09-18
text: Ordered to be Reported by Voice Vote.
action_date: 2007-09-18
text: Committee Consideration and Mark-up Session Held.
action_date: 2007-06-26
text: Referred to the House Committee on Financial Services.
action_date: 2007-06-26
text: Introduced in House
action_date: 2007-06-26
text: Introduced in House