S 4690 · 119th CongressIn Committeecongress.gov ↗
A bill to amend the Securities Act of 1933 to expand the ability to use testing the waters and confidential draft registration submissions, and for other purposes.
Road to The Floor
How it worksIntroduced
In Committee
On The Floor
Passed a Chamber
Passed Congress
To President
Became Law
What this bill does
AI plain-language summaryThis bill would change a law about selling stocks and other investments to let more companies privately test whether investors are interested before officially offering their products, and to let more companies submit their registration paperwork as private drafts. No official summary is available for this bill.
Introduced
June 4, 2026
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