To direct the Securities and Exchange Commission to allow certain issuers to be exempt from registration requirements, and for other purposes.
Committees
Senate Banking, Housing, and Urban Affairs Committee
Bill Summary
(Sec. 1) This bill exempts, under Regulation A+, certain fully reporting issuers of securities from specified disclosure requirements. Under current law, Regulation A+ exempts certain smaller offerings from securities registration requirements but applies only to non-reporting issuers.
To direct the Securities and Exchange Commission to allow certain issuers to be exempt from registration requirements, and for other purposes.
(Sec. 1) This bill exempts, under Regulation A+, certain fully reporting issuers of securities from specified disclosure requirements. Under current law, Regulation A+ exempts certain smaller offerings from securities registration requirements but applies only to non-reporting issuers.