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 works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This 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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