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H.R. 3959

BillFederalHouseFloor Consideration
Protecting Private Job Creators Act
About This Bill
Floor Vote
Latest Action · February 25, 2026
Placed on the Union Calendar, Calendar No. 448.
Introduced
June 12, 2025
Cosponsors (7)
3D 4R
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119th (2025–2027)
H.R. 3959
Protecting Private Job Creators ActThis 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.

https://www.congress.gov/119/bills/hr3959/BILLS-119hr3959rh.htm

https://www.congress.gov/119/bills/hr3959/BILLS-119hr3959rh.htm

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