H.R. 9605 · 117th Congress
To amend the Securities Act of 1933 to expand the research report exception to include reports about any issuer that undertakes a proposed offering of public securities.
- Stage
- In committee
- Sponsor
- Roger Williams
- Introduced
- 2022-12-15
- Latest action
- 2022-12-15 · Introduced in House
Summary
This bill allows a securities broker or dealer to publish or distribute a research report on a proposed public offering without it being considered an offer to sell securities for purposes of registration requirements. Currently, reports regarding a proposed public offering by an emerging growth company fall under this exception.