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Changes to Securities Registration Thresholds for Companies

This act modifies the rules for when companies must register their securities. New registration thresholds will depend on a company's asset value and either the number of equity owners or market capitalization. This aims to update regulations to current market conditions, potentially affecting which companies are subject to stock market oversight.
Key points
Companies with over $15 million in total assets will need to register securities.
Registration will also be required if a company has many equity owners or a large market value, as determined by new Commission rules.
The changes will take effect 180 days after the act becomes law.
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Status:
Expired
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Additional Information
Print number: 117_HR_6750
Sponsor: Rep. Steube, W. Gregory [R-FL-17]
Process start date: 2022-02-15
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

More Accurate Metrics in Securities Law Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6750.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-02-15.

What are the main provisions?

Key points include:

  • Companies with over $15 million in total assets will need to register securities.
  • Registration will also be required if a company has many equity owners or a large market value, as determined by new Commission rules.
  • The changes will take effect 180 days after the act becomes law.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Steube, W. Gregory [R-FL-17].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy