H.R. 2629 · 113th Congress
Fostering Innovation Act of 2013
- Stage
- Reported from committee
- Sponsor
- Michael Fitzpatrick
- Introduced
- 2013-07-09
- Latest action
- 2014-06-11 · Committee Consideration and Mark-up Session Held.
Summary
Fostering Innovation Act of 2013 - Directs the Securities and Exchange Commission (SEC) to redefine "accelerated filer" with respect to issuers of securities required to meet accelerated deadlines for filing their Form 10-Q quarterly reports.
Requires the SEC to include among accelerated filers any issuers of securities that have: (1) annual revenues in excess of $100 million, and (2) an aggregated worldwide market value between $250 million and $700 million of the voting and non-voting common equity held by non-affiliates.