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Cmte Financial Services (R)
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H.R. 1070, the Small Company Capital Formation Act

Washington, Apr 13 -

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.