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House bill · H.R. 7187 (119th Congress)

Clarity for Compensation Act

U.S. House of Representatives

Latest action Sep 1, 2026

Sponsor: Zachary Nunn (U.S. Representative, IA-3, Republican)

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From Congress.gov and official rosters. This record was last updated Aug 3, 2026. About our data

Summary

Amends the Securities Exchange Act of 1934 so that a personal services entity owned by a registered representative is not treated as a broker solely because it receives that representative's compensation from their broker-dealer.

AI summary. Not an official summary. How we handle summaries

Where it stands

Out of committee and scheduled for a vote by the full chamber.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Financial Services · U.S. House of Representatives

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Cosponsors

12

Cosponsors listed on Congress.gov, shown A to Z.

  • Republican8
  • Democratic4

This bill has cosponsors from more than one party.

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Full history

  1. Sep 1, 2026

    Placed on the Union Calendar, Calendar No. 691.

  2. Sep 1, 2026

    Placed on the Union Calendar, Calendar No. 691.

  3. Sep 1, 2026

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-791.

  4. Sep 1, 2026

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-791.

  5. Jun 30, 2026

    Committee vote

    Committee Consideration and Mark-up Session Held

Show full history (9 earlier events)
  1. Jun 30, 2026

    Committee vote

    Committee Consideration and Mark-up Session Held

  2. Jun 30, 2026

    Committee vote

    Committee Consideration and Mark-up Session Held

  3. Jun 30, 2026

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

  4. Jun 30, 2026

    Introduced

    Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

    U.S. House

  5. Jun 30, 2026

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

  6. Jun 30, 2026

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

  7. Jun 10, 2026

    Introduced

    Introduced in U.S. House

    U.S. House

  8. Jan 21, 2026

    Introduced

    Introduced in House

    U.S. House of Representatives

  9. Jan 21, 2026

    Referred to committee

    Referred to the House Committee on Financial Services.

    U.S. House of Representatives

Read the record