# 119-hr-9434: REG Act of 2026

119-hr-9434, REG Act of 2026, is a 119th Congress bill sponsored by Rep. Kim, Young [R-CA-40] (R-CA); status introduced; PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/legislation/119-hr-9434
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9434
- Congress: 119
- Title: REG Act of 2026
- Status: introduced
- Introduced: 2026-06-24
- Sponsor: Rep. Kim, Young [R-CA-40] (R-CA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-11-01

## Summary

**Require regulators to assess the cumulative effects of related securities rules.** The bill would add a cross-cutting rulemaking consideration across four major securities laws so agencies must weigh how a proposed rule interacts with other related rules and recent proposals. - Regulators and rulewriters would need to analyze both individual and cumulative impacts when crafting rules under the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940. - Firms, exchanges, mutual funds, and investment advisers would face rulemakings that explicitly account for how new requirements interact with other rules and recent proposals when agencies decide whether a rule meets statutory standards. - Investors and market observers would see agencies justify changes with a broader look at combined effects across related regulations rather than only a single-rule focus.

## Provisions PRIA read

- New checks on securities rulemaking: mixed, high. If enacted, this bill would require agencies making securities rules to check whether a proposed rule, alone or with related rules, would meet the law's goals. The change would be added to four laws: the Securities Act, the Exchange Act, the Investment Company Act, and the Advisers Act. The SEC and…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-7333: Family Violence Prevention and Services Improvement Act of 2026

## Sources
- [119-hr-9434 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9434)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-7333: Family Violence Prevention and Services Improvement Act of 2026](https://policyrisk.com/legislation/119-hr-7333)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9434 (as of 2026-11-01).