SEC Reform and Restructuring Act
To make improvements to the securities laws, and for other purposes.
HB9329, also known as the SEC Reform and Restructuring Act, aims to enhance and modify existing securities laws. The bill proposes several changes to how the Securities and Exchange Commission (SEC) operates and regulates the financial markets. It seeks to ensure better protection for investors and maintain the integrity of the securities market.
This legislation would primarily affect financial markets, investment companies, and regulators, including the SEC. By restructuring the SEC and updating its rules, the bill hopes to improve oversight and enforcement, making the system fairer and more transparent for everyone involved.
As of June 30, 2026, HB9329 has been introduced, referred to the House Committee on Financial Services, and reported back with amendments. The House Committee on Financial Services held a consideration and mark-up session on June 30, 2026, and voted 28-23 to report the bill with amendments. The bill's next steps will involve further discussion and potential voting in the House.
