New Exchanges for Small Businesses: Easier Access to Capital.
This act allows for the creation of special stock exchanges for small and growing companies, called "venture exchanges." The goal is to make it easier for these companies to raise money for development, potentially leading to new jobs and innovation. For investors, this means new investment opportunities, but also the need to understand the specifics of these less regulated markets.
Key points
Establishes "venture exchanges" for small and early-stage companies to help them raise funds.
Simplifies rules for companies listed on these exchanges, potentially lowering market entry costs.
Allows for more flexible trading on these exchanges, such as periodic auctions instead of continuous trading.
Requires clear disclosures for investors about the unique characteristics and risks of venture securities.
Expired
Citizen Poll