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
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.