H.R. 3768 · 116th Congress
Unlocking Capital for Small Businesses Act of 2019
- Stage
- In committee
- Sponsor
- Ted Budd
- Introduced
- 2019-07-16
- Latest action
- 2019-07-16 · Introduced in House
Summary
Unlocking Capital for Small Businesses Act of 2019
This bill (1) requires the Securities and Exchange Commission to establish registration requirements for private-placement brokers that are no more stringent than those imposed on crowdfunding portals, (2) allows for membership in any national securities association for private-placement brokers, and (3) otherwise modifies provisions related to private-placement brokers and finders.