House
Jun 15, 2018To amend the Securities Exchange Act of 1934 to create a safe harbor for finders and private placement brokers, and for other purposes.
Summary
Official
Unlocking Capital for Small Businesses Act of 2018 This bill (1) requires the Securities and Exchange Commission to establish registration requirements for private-placement brokers and finders that are no more stringent than those imposed on crowdfunding portals, and (2) otherwise modifies provisions related to private-placement brokers and finders.
Bill Progress
Bill has been introduced and assigned a number
Introduced(6/15/18)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
TB
Mr. Budd
Senate (R) North Carolina
Topics
Latest Action
Referred to the House Committee on Financial Services.
Jun 15, 2018