SEC Reform and Restructuring Act
Key claim: The SEC Reform and Restructuring Act (HR9329) was ordered to be reported out of committee by a 28-23 vote in the 119th Congress.
Abstract
(HR9329 · 119th Congress) Latest action (2026-06-30): Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 23.
Why this matters
HR9329 would restructure the SEC through statute, complementing a parallel wave of administrative deregulatory actions (climate disclosure rescission, EGC accommodations, registered offering reform, settlement ‘no-deny’ rescission). The committee vote signals the bill is advancing but remains far from enactment, and its trajectory will determine whether current SEC deregulation is codified or remains reversible via future rulemaking. For issuers and investors, the practical impact depends on floor action in both chambers.