REG Act of 2026 Reviewing the Expansion of Government Act of...
To amend the Federal securities laws to require rulemakings to consider the cumulative effects of the rule with certain other final and proposed rules.
The bill, HB9434, aims to change the way the government creates new rules by requiring agencies to consider the overall impact of their new rules when combined with other existing or proposed rules. This would apply to rules affecting federal securities, which are investments like stocks and bonds.
If passed, this bill would affect government agencies that create rules for securities, as well as businesses and individuals who must follow those rules. The goal is to ensure that new rules do not create unintended negative consequences when considered alongside other rules.
HB9434 was introduced on June 24, 2026 and referred to the House Committee on Financial Services. It is currently under review, and no further actions have been taken yet. The bill's sponsor is Representative Young Kim, a Republican.
