Fixed-Income Securities Regulation Bill

Protecting Private Job Creators Act This bill provides statutory authority for an exemption from specified disclosure requirements applicable to fixed-income securities (e. g., corporate bonds or a certificate of deposit). Under current securities regulations, brokers and dealers are generally prohibited from publishing securities quotations (i. e., the sale price) in over-the-counter (i. e., not on a national exchange) markets unless they have certain information about the securities issuer in their records. The Securities and Exchange Commission issued a series of orders (with the latest order issued in November 2024) granting an exemption to this rule to fixed-income securities that comply with specified safe-harbor rules. The bill provides statutory authority for this exemption.

1. This bill removes certain regulatory requirements for quoting fixed-income securities. 2. Fixed-income securities include notes, bonds, and certificates of deposit. 3. The bill aims to make it easier to quote these types of securities. 4. It allows more flexibility in how these securities are presented to investors. 5. The changes could encourage more trading and investment in fixed-income markets.