Unlocking Capital for Small Businesses Act of 2023

Summary

Unlocking Capital for Small Businesses Act of 2023 This bill revises the regulatory treatment of private-placement brokers (brokers who receive transaction-based compensation for the sale of securities to preselected individuals or institutions) and finders (private-placement brokers who do not exceed a specified amount of compensation, transaction value, or number of transactions in a year). Specifically, the 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, (3) exempts private-placement brokers from broker regulations, and (4) otherwise modifies provisions related to private-placement brokers and finders.

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Timeline

1. 13 April 2023

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 13 April 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 13 April 2023

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 13 April 2023 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 April 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 13 April 2023

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 13 April 2023

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Garbarino, Andrew R. [R-NY-2] · R · Sponsor
• · hsba00 · Standing

Related records

• related to ← Expanding Access to Capital Act of 2023
• related to ← Unlocking Capital for Small Businesses Act of 2024