New Stock Exchanges for Small Businesses: Easier Capital Access and Investment.
This law establishes a new type of stock exchange, called a "venture exchange," dedicated solely to trading securities of small, early-stage growth companies. The goal is to simplify the process for these businesses to raise capital for expansion, potentially boosting economic growth and job creation. For citizens, this means new opportunities to invest in smaller, potentially higher-risk companies, accompanied by mandatory risk disclosures.
Key points
Creation of "venture exchanges" – specialized trading platforms for the stocks of small, rapidly growing companies that have not yet had an initial public offering (IPO).
Simplifies capital raising for small businesses by offering tailored listing and trading rules, potentially fostering economic growth.
Requires the SEC to mandate specific disclosures so investors understand the unique, higher-risk characteristics of these venture securities.
Expired
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