SEED Act of 2023

Summary

Small Entrepreneurs' Empowerment and Development Act of 2023 or the SEED Act of 2023 This bill establishes an exemption to certain securities regulations for small offerings of securities. Specifically, securities registration is not required for a sale of securities if the total amount of securities sold by the issuer during the preceding 12-month period sale does not exceed $250,000. Furthermore, the Securities and Exchange Commission must issue rules under which an issuer is disqualified from offering securities through this exemption. These rules must disqualify any such offering or sale of securities by a person subject to specified regulatory disciplinary actions or convicted of certain felonies or misdemeanors.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 April 2023

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• Introduced in House (PDF)

  Introduced in House · EN · 13 April 2023

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• Introduced in House

  summary · EN · 13 April 2023

  Open at official source

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