To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes.
The official print number for this legislation is 117_HR_9459.
This legislation was initiated in the House of Representatives.
The process officially started on 2022-12-07.
Key points include:
The current status is Expired.
The full official text is available at: View full text
The primary sponsor is Rep. McHenry, Patrick T. [R-NC-10].
The latest detailed status is: Referred to the House Committee on Financial Services.
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