Removes a rule on bonds and other debts to help businesses raise capital.
This bill would stop a specific government rule from applying to certain investments like bonds. This change aims to make it easier for thousands of businesses to get the money they need to grow. Broker-dealers who handle these investments would also see fewer requirements.
Today, a government rule called Rule 15c2-11 generally applies to stock markets. The Securities and Exchange Commission has already provided some exemptions and relief for fixed-income investments from this rule. If this bill becomes law, Rule 15c2-11 would permanently stop applying to all fixed-income securities, such as bonds and debentures. This would create a lasting statutory exception, making the rules clearer for these types of investments.
HR 3959 · 119th Congress · June 12, 2025 · AI Summary by gemini-2.5-flash · 10/10
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9 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.