To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes.
Active· Referred to the House Committee on Financial Services.
Introduced
Apr 13, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending
Introduced
Apr 13, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending
Executive Summary
This bill excludes certain institutional investors and buyers as holders of a security. Specifically, these investors are not considered security holders under mandatory securities registration thresholds applicable to an issuer of securities.
Action Timeline
3
APR 13, 2023•IntroReferral
Introduced in House
APR 13, 2023•IntroReferral
Introduced in House
APR 13, 2023•IntroReferral
Referred to the House Committee on Financial Services.