US HB2899 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on May 22 2019 - 25% progression, died in committee
Action: 2019-05-22 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 22 2019 - 25% progression, died in committee
Action: 2019-05-22 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows for the registration of national venture securities exchanges for the purpose of trading the securities of certain small companies, such as startups and emerging growth companies. Individuals and existing national securities exchanges may apply to the Securities and Exchange Commission for approval to register such an exchange, or to register a listing tier within an existing exchange. The bill sets forth requirements for these venture exchanges, including required disclosures, trading limits, and trading privileges.
Title
Main Street Growth Act
Sponsors
Rep. Tom Emmer [R-MN] | Rep. Vicente Gonzalez [D-TX] | Rep. Josh Gottheimer [D-NJ] | Rep. Jimmy Panetta [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2019-05-22 | House | Referred to the House Committee on Financial Services. |
2019-05-22 | House | Introduced in House |
Same As/Similar To
SB2306 (Related) 2019-07-29 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Banking and financial institutions regulation
Business investment and capital
Executive agency funding and structure
Finance and financial sector
Government information and archives
Licensing and registrations
Securities
Securities and Exchange Commission (SEC)
Business investment and capital
Executive agency funding and structure
Finance and financial sector
Government information and archives
Licensing and registrations
Securities
Securities and Exchange Commission (SEC)
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/2899/all-info |
Text | https://www.congress.gov/116/bills/hr2899/BILLS-116hr2899ih.pdf |