To amend the Federal securities laws to require rulemakings to consider the cumulative effects of the rule with certain other final and proposed rules.

Young Kim

Republican · CA · Representative

Source: Congress.gov · FEC

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Referred to the House Committee on Financial Services.

2026-06-24

Source: Congress.gov

The proposal would require the Securities and Exchange Commission and other financial regulators to study and report on how their new rules work together and affect the financial system as a whole, rather than looking at each rule in isolation. This would help lawmakers and the public understand the combined impact of multiple regulations on banks, investment firms, and other financial companies. The bill is currently being reviewed by the House Committee on Financial Services.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 9434 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 9434 To amend the Federal securities laws to require rulemakings to consider the cumulative effects of the rule with certain other final and proposed rules. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 24, 2026 Mrs. Kim introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Federal securities laws to require rulemakings to consider the cumulative effects of the rule with certain other final and proposed rules. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Reviewing the Expansion of Government Act of 2026'' or the ``REG Act of 2026''. SEC. 2. RULEMAKING CONSIDERATIONS. (a) Rules Under the Securities Act of 1933.--Section 2(b) of the Securities Act of 1933 (15 U.S.C. 77b(b)) is amended by inserting ``, when considered individually or cumulatively with other related rules or regulations or other related and recent proposed rules or regulations,'' before ``will promote''. (b) Rules Under the Securities Exchange Act of 1934.--Section 23(a)(2) of the Securities Exchange Act of 1934 (15 U.S.C. 78w(a)(2)) is amended by inserting ``, when considered individually or cumulatively with other related rules or regulations or other related and recent proposed rules or regulations,'' after ``which would''. (c) Rules Under the Investment Company Act of 1940.--Section 2(c) of the Investment Company Act of 1940 (15 U.S.C. 80a-2(c)) is amended by inserting ``, when considered individually or cumulatively with other related rules or regulations or other related and recent proposed rules or regulations,'' before ``will promote''. (d) Rules Under the Investment Advisers Act of 1940.--Section 202(c) of the Investment Advisers Act of 1940 (15 U.S.C. 80b-2(c)) is amended by inserting ``, when considered individually or cumulatively with other related rules or regulations or other related and recent proposed rules or regulations,'' before ``will promote''. <all>

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