H.R. 7187 (119th)Legislative Design

To amend the Securities Exchange Act of 1934 to provide an exemption from the definition of a broker for certain registered representative-owned personal services entity, and for other purposes.

Finance and Financial Sector|Finance and Financial Sector
Cosponsors
Support
Bipartisan
Introduced
Jan 21, 2026
Discussions
Current stageCommittee

Referred to the House Committee on Financial Services.

Introduced
Committee
Floor
President
Law
Legislative design

How complete and executable the bill text feels.

i

This page explains why each dimension scored the way it did, and which parts of implementation are explicit versus left to future interpretation.

No legislative design analysis yet for this bill.