S. 3576 · 115th Congress
Developing and Empowering our Aspiring Leaders Act of 2018
- Stage
- In committee
- Sponsor
- Mike Rounds
- Introduced
- 2018-10-11
- Latest action
- 2018-10-11 · Introduced in Senate
Summary
Developing and Empowering our Aspiring Leaders Act of 2018
This bill directs the Securities and Exchange Commission (SEC) to exempt certain investments by venture capital funds from SEC registration requirements; specifically, the bill exempts investments in equity securities acquired in a secondary acquisition.