The House of Representatives recently passed H.R. 4263 on March 15, 2018, titled the Regulation A+ Improvement Act. Regulation A+ is comprised of two separate tiers regarding offerings, titled Tier 1 and Tier 2. Both of these tiers detail several minimum requirements, that include issuer eligibility and disclosure requirements.
Category: U.S. House of Representatives 188
On June 8, 2017, the House of Representatives passed the Financial CHOICE Act (“Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs”). The act regulates banking institutions’ qualifying capital through numerous exemptions and policies. Further, the act repeals the Financial Stability Oversight Counc
This act, if approved by the senate and the President, will direct the SEC to revise its previous regulations regarding the qualifications of natural persons as accredited investors. This act amends Section 2(a) (15) of the Securities Act by striking “; or” and inserting certain sections.
Under the act, an accredited inve
The H.R. 3784 SEC Small Business Advocate Act was passed by the House of Representatives to establish an Office for the Advocate for Small Business Capital Formation. If passed into law, the Act will allow the office to provide the SEC with advice regarding the interests and well being of small businesses and investors. However,
The House Resolution 1675 for Capital Markets Improvement Act of 2016 passed on February 3, 2016 and is currently awaiting Senate approval. H.R. 1675 directs the SEC to revise its rules to increase the threshold amount, after which issuers are required to disclose certain information relating to compensatory benefit plans. This
The House of Representatives passed the Accelerating Access to Capital Act on September 8th, 2016 by a vote of 236-178. This act was designed to help small companies gain access to capital, through three important pieces of legislation.
H.R. 2357: Accelerating Access to Capital
This act proposed that the SEC revise Form S-3
On the second day of the year, U.S. House of Representatives failed to pass HR 37, "Promoting Job Creation and Reducing Small Business Burdens Act". HR 37 would have exempted small public companies with under $250 million in annual revenue from filing in XBRL. The focus of the bill was to mitigate the costs public companies enco