US tracker

H.R. 7187

Clarity for Compensation Act

Financial Services Committee · Rep. Zachary Nunn (R-IA)

1 September 2026 | Reported by committee (Financial Services, as amended, H. Rept. 119-791)

What's next: Floor scheduling (leadership decides if and when it gets a vote)

Summary: The bill would exempt certain small, representative-owned personal services businesses from being classified as brokers under securities law, reducing their regulatory burden. It aims to clarify the regulatory status of these entities so they can operate more flexibly while still maintaining appropriate oversight.

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Posted 10 September 2026

As published — the exact text this tracker posted, kept verbatim for the record

H.R. 7187 | Clarity for Compensation Act | Rep. Zachary Nunn (R-IA) | Financial Services Committee 📅 1 September 2026 | 📋 Reported by committee (Financial Services, as amended, H. Rept. 119-791) What's next: Floor scheduling (leadership decides if and when it gets a vote) Summary: The bill would exempt certain small, representative-owned personal services businesses from being classified as brokers under securities law, reducing their regulatory burden. It aims to clarify the regulatory status of these entities so they can operate more flexibly while still maintaining appropriate oversight. [AI-Generated]

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