H.R. 1070, the Small Company Capital Formation ActPosted by on April 13, 2011
The Small Company Capital Formation Act encourages small companies to access the capital markets — allowing them to invest and hire employees. The legislation increases the offering threshold for companies exempted from SEC registration under SEC Regulation A from $5 million — the threshold set in the early 1990s — to $50 million. The SEC has the authority to raise this threshold but has not done so for almost two decades. The bill is spnsored by Representative David Schweikert.