,,ib  ,union ,calendar ,no4 #ecj  #aadth
 ,,congress  #b;d ,session  ,h4 ,r4     
#edba  ,report ,no4 #aad-fhd  ,,in ,,the
 ,,house ,,of ,,representatives  ,june  
#i1 #bjaf ,mr4 ,royce introduced the    
following bill2 which was referred to   
the ,committee on ,financial ,services  
,july #ab1 #bjaf ,additional sponsor3   
,mr4 ,hultgren  ,july #ab1 #bjaf        
,committed to the ,committee of the     
,whole ,house on the ,state of the      
,union and ordered to be printed  ,a    
,,bill  ,to amend the ,securities ,act  
of #aicc to apply the exemption from    
,state regulation of securities         
offerings to securities listed on a     
national security exchange that has     
listing standards that have been        
approved by the ,commission4  #a4 ,short
 title ,this ,act may be cited as the   
,national ,securities ,exchange         
,regulatory ,parity ,act of #bjaf4  #b4 
,application of exemption ,section      
#ah7;b7 of the ,securities ,act of #aicc
 7#ae ,u4,s4,c4 #ggr7b77 is amended--   

7#a7 by striking subparagraph 7,a72     
7#b7 in subparagraph 7,b71 by striking  
that the ,commission determines by rule 
7on its own initiative or on the basis  
of a petition7 are substantially similar
 to the listing standards applicable to 
securities described in subparagraph    
7,a7 and inserting that has been        
approved by the ,commission2  7#c7 in   
subparagraph 7,c71 by striking or 7,b72 
and  7#d7 by redesignating subparagraphs
 7,b7 and 7,c7 as subparagraphs 7,a7 and
 7,b71 respectively4  ,july #ab1 #bjaf  
,committed to the ,committee of the     
,whole ,house on the ,state of the      
,union and ordered to be printed