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Easier Company Registration: Fewer Securities Formalities for Businesses.

This bill changes rules for securities registration by excluding certain large investors from the count. This means fewer companies will need to go through complex registration processes, potentially making it easier for them to raise capital. For the average citizen, these changes could indirectly affect investment opportunities and economic growth.
Key points
Companies will have easier access to capital as fewer will be required to register their securities.
Large financial institutions and experienced investors will not be counted towards the threshold for mandatory registration.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_2605
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Process start date: 2023-04-13
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

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.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2605.

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 2023-04-13.

What are the main provisions?

Key points include:

  • Companies will have easier access to capital as fewer will be required to register their securities.
  • Large financial institutions and experienced investors will not be counted towards the threshold for mandatory registration.
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. McHenry, Patrick T. [R-NC-10].

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 2025-12-25.

CATEGORIES

Economy