To amend the Sarbanes-Oxley Act of 2002 to exclude the audits of privately held, non-carrying brokers and dealers that are in good standing from certain requirements under title I of that Act, and for other purposes.
Latest action (17 Sep 2026): Introduced
What this bill does
Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.
Official summary
This bill is in the first stage of the legislative process. It was introduced into Congress on September 17, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Common questions
- What does H.R. 10477 do?
- This bill is in the first stage of the legislative process. It was introduced into Congress on September 17, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
- Has H.R. 10477 become law?
- Not yet. As of 17 Sep 2026, H.R. 10477 is introduced.
- Who sponsored H.R. 10477?
- H.R. 10477 was sponsored by Rep. French Hill [R-AR2] (Republican-AR), with 0 cosponsors.
- What's the latest action on H.R. 10477?
- Introduced (17 Sep 2026).
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