arrow_back Back to App

Study on Costs for Small and Medium Companies to Go Public

This act requires the Securities and Exchange Commission (SEC) to study the costs small and medium-sized companies face when going public. The goal is to understand how these costs affect investment opportunities for citizens and company growth, potentially leading to future changes that make investing easier.
Key points
The SEC will examine the direct and indirect costs for small and medium companies to undertake initial public offerings (IPOs), including fees and compliance.
The study will compare IPO costs with alternative financing methods.
A report will be issued to Congress, analyzing the impact of these costs on capital formation and the availability of public securities for retail investors.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_3980
Sponsor: Sen. Lummis, Cynthia M. [R-WY]
Process start date: 2022-03-31
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Middle Market IPO Underwriting Cost Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3980.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-31.

What are the main provisions?

Key points include:

  • The SEC will examine the direct and indirect costs for small and medium companies to undertake initial public offerings (IPOs), including fees and compliance.
  • The study will compare IPO costs with alternative financing methods.
  • A report will be issued to Congress, analyzing the impact of these costs on capital formation and the availability of public securities for retail investors.
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 Sen. Lummis, Cynthia M. [R-WY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy