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New Bill: Representative Daniel Meuser introduces H.R. 7127: Restoring the Secondary Trading Market Act

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We have received text from H.R. 7127: Restoring the Secondary Trading Market Act. This bill was received on 2026-01-16, and currently has no cosponsors.

Here is a short summary of the bill:

The "Restoring the Secondary Trading Market Act" aims to modify certain regulations concerning the trading of securities outside of traditional exchanges. Here are the primary components of the bill summarized in layman's terms:

Exemption from State Regulation

The bill seeks to amend the Securities Act of 1933 to exempt off-exchange secondary trading from state regulations, provided that the issuer of the securities makes specific current information publicly available. This means that if a company shares certain financial reports and information with the public, then trading its securities outside of conventional stock exchanges will not be subject to state-level rules or restrictions.

Requirements for Issuers

For a company to qualify for this exemption, it must make available:

  • The information typically required in periodic and current reports as outlined by federal regulations.
  • Documents specified under another section of federal regulations that detail necessary information for investors.

Implications for Secondary Trading

The act aims to facilitate easier trading of securities by reducing regulatory burdens. By exempting qualified issuers from state restrictions, the bill hopes to enhance market liquidity and accessibility for investors engaged in trading these off-exchange securities.

Overall Purpose

The overarching goal of the legislation is to strengthen the secondary trading market by simplifying the process for trading securities in certain instances, ultimately aiming to improve market operations and investor access.

Relevant Companies

None found

Representative Daniel Meuser Bill Proposals

Here are some bills which have recently been proposed by Representative Daniel Meuser:

You can track bills proposed by Representative Daniel Meuser on Quiver Quantitative's politician page for Meuser.

Representative Daniel Meuser Net Worth

Quiver Quantitative estimates that Representative Daniel Meuser is worth $69.2M, as of January 17th, 2026. This is the 21st highest net worth in Congress, per our live estimates.

Meuser has approximately $2.4M invested in publicly traded assets which Quiver is able to track live.

You can track Representative Daniel Meuser's net worth on Quiver Quantitative's politician page for Meuser.

Representative Daniel Meuser Stock Trading

We have data on up to $7.0M of trades from Representative Daniel Meuser, which we parsed from STOCK Act filings. Some of the largest trades include:

  • A October 1st, 2024 sale of up to $1M of $NVDA. The stock has risen 59.17% since then.
  • A February 11th, 2025 sale of up to $100K of $GOOGL. The stock has risen 78.07% since then.
  • A February 11th, 2025 sale of up to $50K of $QCOM. The stock has fallen 7.31% since then.
  • A March 26th, 2020 purchase of up to $50K of $V. The stock has risen 94.4% since then.
  • A March 26th, 2020 purchase of up to $50K of $MSFT. The stock has risen 194.57% since then.

You can track Representative Daniel Meuser's stock trading on Quiver Quantitative's politician page for Meuser.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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