H.R. 6035 · 115th Congress

Streamlining Communications for Investors Act

Stage
Reported from committee
Sponsor
Ted Budd
Introduced
2018-06-07
Latest action
2018-11-02 · Reported by the Committee on Financial Services. H. Rept. 115-1009.

Summary

Streamlining Communications for Investors Act

This bill directs the Securities and Exchange Commission (SEC) to expand the exemption for well-known seasoned issuers from limitations on communicating with investors about unregistered securities. Specifically, the SEC must expand the exemption to include communications (including offers) made by an underwriter or dealer on behalf of a well-known seasoned issuer.