Federal · U.S. House · Subcommittee

Capital Markets Subcommittee

Part ofFinancial Services CommitteeChairAnn Wagner(R)financialservices.house.gov

MeetingsHearings, markups, and business meetings, most recent first.

Jun 252026

From Wall Street to Main Street: The Future of How America InvestsHearing2128 Rayburn House Office Building2:00 p.m.

H.R. 3248American Ownership and Resilience Act

H.R. 9329SEC Reform and Restructuring Act

Dr. Matthew RinggenbergEmma Eccles Jones Professor of Finance · David Eccles School of Business, University of UtahWitness Biography Witness Statement Witness Truth in Testimony

Mr. Jeffrey PtakManaging Director · MorningstarWitness Biography Witness Statement Witness Truth in Testimony

Mr. Tom QuaadmanChief of Government Affairs and Public Policy · Investment company InstituteWitness Biography Witness Statement Witness Truth in Testimony

Ms. Natalia RentaAssociate Director for Corporate Governance & Power · Americans for Financial ReformWitness Biography Witness Statement Witness Truth in Testimony

Ms. Jody JonssonVice Chair · Capital GroupWitness Biography Witness Statement Witness Truth in Testimony

Notice

H.R. 3248, the American Ownership and Resilience Act

H.R. 7187, the Clarity for Compensation Act

H.R. ____, the Consumer-Led Enhancement of Annuity and Insurance Registration (CLEAR) Forms Act

H.R. 9329, the SEC Reform and Restructuring Act

Memorandum

May 202026

From Order to Execution: Ensuring Efficient and Transparent Equity MarketsHearing2128 Rayburn House Office Building6:00 p.m.

H.R. 3197Fortifying U.S. Markets From Chinese Military Aggression Act

H.R. 1483Protecting Investors’ Personally Identifiable Information Act

Mr. Matt BillingsVice President of Brokerage and President · Robinhood Financial and Robinhood SecuritiesWitness Biography Witness Statement Witness Truth in Testimony

Mr. Kevin KennedyExecutive Vice President and Head of North American Market Services · NasdaqWitness Biography Witness Statement Witness Truth in Testimony

Mr. Joseph SaluzziPartner and Co-Founder · Themis TradingWitness Biography Witness Statement Witness Truth in Testimony

Dr. Robert BattalioProfessor of Finance at the Mendoza College of Business · University of Notre DameWitness Biography Witness Statement Witness Truth in Testimony

Mr. Matt MacKenzieHead of U.S. Policy and Regulatory Affairs · OptiverWitness Biography Witness Statement Witness Truth in Testimony

Notice

H.R. 3197, the Fortifying U.S. Markets From Chinese Military Aggression Act

H.R. 1483, the Protecting Investors’ Personally Identifiable Information Act

H.R. ___, the SEC Regulatory Accountability Act

H.R.___, the Review the Expansion of Government (REG) Act of 2026

Memorandum

Apr 152026

Safeguarding Main Street: Combatting Fraud and Exploitation in Our Capital MarketsHearing2128 Rayburn House Office Building2:00 p.m.

Ms. Jilenne GuntherNational Director of BankSafe Initiative · AARPWitness Biography Witness Statement Witness Truth in Testimony

Mr. Andrew VersteinProfessor of Law and Vice Dean for Curricular and Academic Affairs · UCLA School of LawWitness Biography Witness Statement Witness Truth in Testimony

Mr. Bryan SmithSenior Vice President of Complex Investigations and Intelligence · FINRAWitness Biography Witness Statement Witness Truth in Testimony

Mr. Matthew MichelFounder and Managing Partner · InvestorLink Capital Markets, LLCWitness Biography Witness Statement Witness Truth in Testimony

Notice

H.R. 2478, the Financial Exploitation Prevention Act of 2025

H.R. 6161, the SEC Data Protection Act

H.R___, the Honesty in Your Promotions and Endorsements (HYPE) Act of 2026

Memorandum

Mar 52026

The Role of Self-Regulatory Organizations in U.S. Markets: Examining FINRA and the MSRBHearing2128 Rayburn House Office Building7:00 p.m.

Mr. Onnig DombalagianProfessor of Law · Tulane University School of LawWitness Biography Witness Truth in Testimony Witness Statement

Mr. Mike NicholasChief Executive Officer · Bond Dealers of AmericaWitness Biography Witness Statement Witness Truth in Testimony

Ms. Valerie MirkoPartner & Leader of Securities Regulation and Litigation · Armstrong Teasdale LLPWitness Biography Witness Statement Witness Truth in Testimony

Ms. Jennifer ShawExecutive Director · Public Investors Advocate Bar AssociationWitness Biography Witness Statement Witness Truth in Testimony

Notice

Memorandum

H.R. 2689, the Restoring Accountability in Market Supervision (RAMS) Act

H.R.____, a bill to amend the Securities Exchange Act of 1934 to require fines collected for violations of the rules of the Municipal Rulemaking Board to be deposited into the Treasury

H.R.____, a bill to amend the Securities Exchange Act of 1934 to clarify the composition of the membership of the Municipal Securities Rulemaking Board

Feb 42026

A New Day at the SEC: Restoring Accountability, Due Process, and Public ConfidenceHearing2128 Rayburn House Office Building7:00 p.m.

H.R. 3318SEC Modernization Act

H.R. 216SEC Act of 2025

Mr. Peter ChanPartner · Baker McKenzieWitness Truth in Testimony Witness Statement Witness Biography

Mr. Alexander CohenPartner & Co-Chair of the National Office · Latham & WatkinsWitness Biography Witness Statement Witness Truth in Testimony

Mr. Chris IacovellaPresident and Chief Executive Officer · American Securities AssociationWitness Truth in Testimony Witness Statement Witness Biography

Mr. Ben SchiffrinDirector of Securities Policy · Better MarketsWitness Biography Witness Statement Witness Truth in Testimony

Notice

Memorandum

H.R. ___, a bill to amend the Securities and Exchange Act of 1934 with respect to the authority of the Securities and Exchange Commission to seek disgorgement, and for other purposes

H.R. 3318, the SEC Modernization Act

H.R. ___, the SEC Reform and Restructuring Act

H.R. ___, the SEC Cybersecurity Act

H.R. ___, the SEC Regulatory Accountability Act

H.R. 216, the Securities Enforcement Clarity Act of 2025

H.R. ___, the SEC Regulatory Evaluation, Verification, and Integrity of Effective Workflows (REVIEW) Act

H.R. ___, the SEC Transparency Act

H.R. ___, the Review the Expansion of Government (REG) Act

H.R. ___, the Streamlining Public Company Accounting Oversight Act

H.R. ___, a bill to amend the securities laws to codify certain disqualification waiver processes, and for other purposes

H.R. ___, a bill to establish a minimum public comment period with respect to proposed rules issued by the Securities and Exchange Commission

H.R. ___, a bill to require the Comptroller General of the United States to carry out a study regarding major rules issued by the Securities and Exchange Commission

H.R. ___, a bill to require the Director of the Office of International Affairs of the Securities and Exchange Commission to semiannually report to Congress with respect to discussions with internatio

Jul 92025

Fifteen Years of Dodd-Frank: Assessing the Costs, Consequences, and Path Forward for U.S. Capital MarketsHearing2128 Rayburn House Office Building2:00 p.m.Canceled

Jun 252025

Reassessing Sarbanes-Oxley: The Cost of Compliance in Today’s Capital MarketsHearing2128 Rayburn House Office Building2:00 p.m.

Dr. Abigail AllenAssociate Professor of Accounting · Marriott School of Business, Brigham Young UniversityWitness Biography Witness Statement Witness Truth in Testimony

Mr. John CoatesProfessor of Law and Economics, and Deputy Dean · Harvard Law SchoolWitness Biography Witness Statement Witness Truth in Testimony

Mr. Lawrence CunninghamDirector · Weinberg Center for Corporate Governance, University of DelawareWitness Biography Witness Statement Witness Truth in Testimony

Mr. Frank WatanabePresident and Chief Executive Officer · Arcutis BiotherapeuticsWitness Biography Witness Statement Witness Truth in Testimony

Notice

Memorandum

H.R. ___, a bill to require the Securities and Exchange Commission to revise certain thresholds related to smaller reporting companies, accelerated filers, and large accelerated filers

H.R. ___, a bill to require auditor independence standards of the Public Company Accounting Oversight Board and the Securities and Exchange Commission applicable to past audits of a company occurring

Apr 292025

Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence MarketsHearing2128 Rayburn House Office Building6:00 p.m.

Mr. Paul WashingtonPresident & CEO · Society for Corporate GovernanceWitness Biography Witness Statement Witness Truth in Testimony

Mr. Paul RoseDean · School of Law, Case Western Reserve UniversityWitness Biography Witness Statement Witness Truth in Testimony

Ms. Nell MinowVice Chair · ValueEdge AdvisorsWitness Biography Witness Statement Witness Truth in Testimony

Mr. Charles CrainManaging Vice President, Policy · National Association of ManufacturersWitness Biography Witness Statement Witness Truth in Testimony

Ms. Elizabeth IsingPartner · Gibson DunnWitness Biography Witness Statement Witness Truth in Testimony

H.R. ____, a bill to amend the Securities Exchange Act of 1934 to provide for certain requirements related to proxy voting

H.R. ____, the Stopping Proxy Advisor Racketeering Act

H.R. ____, a bill to amend the Securities Exchange Act of 1934 to require the Securities and Exchange Commission to study certain issues with respect to shareholder proposals, proxy advisory firms, an

Notice

Memorandum

H.R. ____, a bill to amend the Securities Exchange Act of 1934 to provide for the registration of proxy advisory firms

H.R. ____, a bill to amend the Securities Exchange Act of 1934 to provide for liability for certain failures to disclose material information or making of material misstatements

H.R. ____, a bill to amend the Securities Exchange Act of 1934 to require certain disclosures by institutional investment managers in connection with proxy advisory firms

Feb 262025

The Future of American Capital: Strengthening Public and Private Markets by Increasing Investor Access and Facilitating Capital FormationHearing2128 Rayburn House Office Building3:00 p.m.

Mr. McKeever ConwellFounder and Managing Partner · RareBreed Ventures

Ms. Anna PinedoPartner · Mayer BrownWitness Biography Witness Statement Witness Truth in Testimony

Mr. Andrew BarnellCEO and Co-Founder · GeneoscopyWitness Biography Witness Statement Witness Truth in Testimony

Ms. Rebecca KacabaCEO and Co-Founder · DealMakerWitness Truth in Testimony Witness Biography Witness Statement

Ms. Alexandra ThorntonSenior Director, Financial Regulation · Center for American ProgressWitness Truth in Testimony Witness Statement Witness Biography

H.R.__, the Accredited Investor Definition Review Act

H.R.__, the Fair Investment Opportunities for Professional Experts Act

H.R.__, the Improving Disclosures for Investors Act of 2025

H.R.__, the Retirement Fairness for Charities and Educational Institutions Act of 2025

Notice

H.R.__, To permit a registered investment company to omit certain fees from the calculation of Acquired Fund Fees and Expenses, and for other purposes

H.R.__, Regulation A+ Improvement Act of 2025

H.R.__, the Developing and Empowering our Aspiring Leaders (DEAL) Act

H.R.__, Improving Crowdfunding Opportunities Act

H.R.__, Amendment for Crowdfunding Capital Enhancement and Small-business Support (ACCESS) Act of 2025

H.R.__, Restoring Secondary Trading Market Act

H.R.__, Risk Disclosure and Investor Attestation Act